CVX - Looks like it's pulling back to the 103 level for now as part of a potential wave iv.
Strongest resistance is at the 103/105 zone but it would be normal if price drops and bounces off the 99/101 zone too.
The count gets invalidated if it drops below 96 of course.
Strongest resistance is at the 103/105 zone but it would be normal if price drops and bounces off the 99/101 zone too.
The count gets invalidated if it drops below 96 of course.
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Don't forget to like, share and follow !
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Disclaimer
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.