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Actionable news in CVX: CHEVRON CORPORATION,

Could Chevron Be About to Rally to New Highs?

Chevron (CVX) begins a new week on the verge of an upside breakout. At midday, shares are trading just below last week's high as its four-week consolidation appears to be ending. A fresh rally from this constructive pattern could propel the stock well into new 2016 high territory.

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In mid-April, Chevron began to show signs of exhaustion. The stock had...