That green spike the other day was a deal with Chevron for renewble natural gas. Also the fuel source to be used by Hyllion. Could be the beginning a an uptrend.
Targets are shown with yellow horizontal lines. I am looking forward to this getting above $4.00 for some real upwards price movement.
News was: Jul 8, 2020
Energy giant Chevron (NYSE:CVX) and natural-gas fueling station operator Clean Energy Fuels (NASDAQ:CLNE) have announced a new initiative to supply truck operators serving the California ports of Los Angeles and Long Beach with renewable natural gas (RNG).
The plan, called Adopt-a-Port, seeks to reduce emissions related to port traffic by offering truck operators a carbon-negative fuel source near the ports. Clean Energy Fuels will operate the program, while Chevron will supply the RNG to the fueling stations, and provide funding to help subsidize new RNG-powered truck purchases. Clean Energy Fuels currently operates more than 530 natural-gas fueling stations in the U.S. and Canada.
Note
Note
If this is the beginning of a new uptrend then this could be our channel for a spell.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.