If we look at the daily candle-stick chart of Chevron’s shares we will see the change of investor’s mood. After an extending period of declining and closing of the price on or under the lower Bollinger line several sessions in a row there appeared “engulfing pattern” which has been already confirmed by a white candle. Moreover stochastichs have turned to the north. I think there is a possibility to buy in a short term and the company’s shares have a potential for growth at least until the touching of SMA 50.