$CVX
CVX
1.813
-0.22%
BULLISH CONTINUATION SETUP š
$CVX is showing strong bullish momentum after a clean impulse from the 1.70 demand zone. Price is holding above key intraday support, indicating buyers are in control. As long as CVX stays above 1.80, continuation toward higher resistance is favored.
Entry
Buy on pullback near 1.80 ā 1.83
Or breakout & hold above 1.90
Targets
šÆ TP1: 1.95
šÆ TP2: 2.10
šÆ TP3: 2.30
Stop Loss
ā 1.70
Key Levels
Support: 1.80 / 1.75 / 1.70
Resistance: 1.90 / 2.10 / 2.30
Pro Tip
If price consolidates above 1.85 with decreasing volume, it often precedes another expansion move. Trail stop after TP1 to protect profits.