Chevron (CVX) Corporation down it goes

During the past few weeks, we are seeing a period of selling accumulation. This is because the price has managed to break below the long-term uptrend trendline, indicating a change in sentiment.

The most recent pullback shows that CVC didn't have enough steam to break above the downtrend trendline, yet again increasing the probability of further decline. We are taking this signal and will update you on the progress.

Dagangan aktif:

We are moving SL to BE

Dagangan aktif:

Re-entering the trade at the same price

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