A breakout below $2.34 may confirm the continuation of the decline. Watch the trading volume. Momentum is fading, and sellers may lead the next move.

🔻 $CVX

Rejected at its highest levels, a short sell trade is ongoing.

The price of $CVX has sharply declined near $2.43, followed by a series of bearish candles on the thirty-minute chart. The stock price is forming a lower high, indicating fading selling strength, which is a typical selling opportunity.

📉 Setting up the short sell trade:

• Entry: $2.35 - $2.36

• First profit target: $2.32

• Second profit target: $2.28

• Third profit target: $2.23

• Stop loss: $2.41

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