Energy Keeps Running—And CVX Stands Out

With momentum starting to fade in several of the market’s leading sectors, Energy continues to buck the trend, maintaining a level of strength that is becoming increasingly difficult to overlook. There’s been a noticeable shift toward established names with improving price structure, and some of the strongest setups are coming from stocks that have already spent time building a base before breaking higher. One name that fits that profile is Chevron Corp. (CVX), which has been on a Profit Surge Buy signal since mid-July, when its 21-Day EMA moved back above its 63-Day EMA. Since then, the signal has strengthened as CVX moved off its June lows, worked through resistance at the end of July, and continued printing higher highs and higher lows. Just this past week, CVX pushed into fresh 52-week highs, leaving the stock with no obvious overhead resistance and a technical structure that remains constructive.

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There are a couple of ways to frame a trade here, depending on how much capital and risk you want to put behind the idea. Shares offer straightforward upside participation, while a slightly in-the-money call can provide a more leveraged way to participate in the breakout with less capital committed upfront, though the option carries the risk of losing its premium if the move does not develop before expiration. As a hypothetical example, if a selected CVX call were positioned at current prices and CVX rallied 10% by expiration, that option could be on pace for an approximately 109.2% profit, illustrating how leverage can magnify gains as well as losses.

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Wishing You the Best in Investing Success,