Stock Of The Day: Oil Climbs — And Chevron Follows Suit
Stock Of The Day: Oil Climbs — And Chevron Follows Suit
For example, if there isn't enough supply (sell orders) in the stock market to fill all of the buy orders (demand), the price will move higher. This happens because investors and traders who wish to acquire shares will be forced to pay premiums to attract sellers' interest and draw them into the market.Oil is traded higher on Friday because of geopolitical tensions, which have also caused some oil stocks to move up.
由於地緣政治緊張局勢，油價在週五上漲，這也導致一些石油股上漲。
As you can see on the chart below, Chevron Corporation (NYSE:CVX) is no exception. This is why our team of expert technical analysts has made it our Stock of the Day.
正如您在下面的圖表中所看到的，雪佛龍公司（紐交所: CVX）也不例外。這就是爲什麼我們的專家技術分析團隊將其確定爲今日股票。
Moves in financial markets are determined by supply and demand. It's basic economics. If the supply and the demand aren't equal, the market will adjust and try to find equilibrium.
金融市場的走勢取決於供求關係。這是基本經濟學原理。如果供應和需求不平衡，市場將調整並努力尋找平衡點。
For example, if there isn't enough supply (sell orders) in the stock market to fill all of the buy orders (demand), the price will move higher. This happens because investors and traders who wish to acquire shares will be forced to pay premiums to attract sellers' interest and draw them into the market.
例如，如果股市中沒有足夠的供應（賣單）來滿足所有的買單（需求），價格將上漲。這是因爲希望獲得股票的投資者和交易者將被迫支付溢價，以吸引賣家的興趣並將他們引入市場。
But the tide turns when a stock reaches a resistance level.
但當股票達到支撐位時，情況就會出現轉變。
At these levels, there is more than enough supply to fill the demand. Traders can buy all the shares they need without worrying about pushing the price higher.
在這些水平上，有足夠的供應來滿足需求。交易員可以購買所需的所有股票，而不必擔心推高價格。
Read Also: Chevron Q3 Earnings: Production Boost By PDC Energy & Permian Basin, Targets $2-$3 Billion In Structural Savings By 2026
閱讀更多：雪佛龍第三季度收益：PDC能源公司和Permian盆地提振產量，計劃在2026年前實現20-30億美元的結構性節約
As you can see on the chart, the $152.50 level has been resistance for Chevron for about a month.
如圖所示，152.50美元的水平已經成爲雪佛龍的支撐位約一個月。
This isn't a coincidence. There is resistance at this level for a reason. It is because it had previously been a support level.
這並非巧合。之所以在這個水平有支撐是有原因的。這是因爲它先前曾是支撐位。
Levels that had been support turning into resistance are common in financial markets. This is due to "buyer's remorse."
在金融市場中，之前作爲支撐轉爲阻力的水平非常常見。這是由於"買家悔意"。
Some investors and traders who bought shares around the support in June and July thought they made a good move when the price increased soon after.
一些投資者和交易者在六月和七月份左右在支撐位附近購買股票，當價格在之後很快上漲時，他們認爲自己做了明智的選擇。
But when the support eventually broke, and Chevron moved lower, they changed their minds. A number of these remorseful buyers had second thoughts and decided to sell. However, they would only sell if they can do so at breakeven and not lose money.
但是當支撐最終被突破，雪佛龍下跌時，他們改變了主意。許多後悔購買的人開始猶豫，決定賣出。然而，他們只會在盈虧平衡時出售。
As a result, when Chevron finally rallied back to their buy prices, they placed sell orders. This large concentration of these sell orders has caused resistance to form at the same level that had previously been support.
因此，當雪佛龍最終回升到他們的買入價格時，他們提交了賣出訂單。這些賣出訂單的大量集中導致了在先前是支撐位的同一水平形成了阻力。
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Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。
