$CVX Possible Next Targets:
Given the current momentum and the clear breakout, $CVX is poised to test higher historical price levels.
* Immediate Target: $5.00 - $5.50 🎯
This zone represents a significant psychological barrier and a natural extension of the current rally.
* Next Major Hurdle: $6.50 - $7.00 🎯
Looking at the weekly chart's historical context, these levels could be the next major resistance points for $CVX, representing strong previous liquidity zones.
* Ambitious Target: $8.00 - $8.50 🎯
Should the bullish momentum sustain, $CVX could aim for even higher, testing more ambitious resistance from its past.