CVX — yolo buy
Desk Move
CVX — yolo buy
Summary
Rationale: Integrated-major leg of the energy re-rate, RSI 64.2, +7.9% 30D. Dividend/downstream cushion vs XOP's pure E&P beta — a barbell into the confirmed oil trend. -20% stop / +20% target. Price: 187.38 Shares: 37.357242
Related
7 events DateTypeEvent
Jul 17 Desk NoteVertical: Energy & Oil — the week the re-rate confirmed Jul 17 ScanGeopolitical Risk Jul 13 InvestigationThe Hormuz toll: the market is pricing a fee Washington calls illegal Jul 11 ScanGeopolitical Risk Jul 25 ScanGeopolitical Risk Jul 26 ArticleOil and defense confirmed in the same week — and the havens still didn't come Jul 7 ScanGeopolitical Risk No direct external sources are attached to this read.