$CVX
Added 2023-12-22 13:44:27 +0000 UTCAlmost an identical set up here to $OXY.
Was showing some weakness in November but has recovered well over the last week or so.
Wave 4 managed to hold on the 0.38 Fib which is the standard support level for Wave 4, the price is also back into the wedge and drifting higher to the top of the wedge line which is also in line with the 200 Day MA at $157, a break above this level and this is going a lot higher, to a new high.
Wave 5 target is at $200 here.
4% Dividend here.
