Friday, January 6, 2012

Chart of the Day - Chevron (CVX)

The "Chart of the Day" is Chevron (CVX), which showed up on Tuesday's Barchart "All Time High" and "Gap Up" lists. Chevron on Tuesday rallied to a new all-time high of $110.99 and closed up 3.73%. TrendSpotter has been Long since Dec 22 at $106.31. Chevron rallied yesterday on the sharp $4.13 per barrel rally in Feb crude oil prices to a new 1-1/2 month high of $103.18. Chevron, with a market cap of $214 billion, is the fifth-largest integrated energy company in the world.

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