$CVX is showing a solid recovery move with momentum shifting back in favor of the bulls. Price has reacted strongly from a well-defined support area, backed by rising volume, and has pushed through its descending resistance — an early sign of a structure shift.
Long Setup
Entry: 1.860 – 1.910
Target 1: 1.94
Target 2: 1.97
Target 3: 2.00
Stop Loss: 1.800
The chart suggests growing strength and improving market structure. As long as pullbacks remain shallow, dips could offer continuation entries toward higher levels. $CVX