Alright folks, focus up! CVX has been a real sleeper, bleeding from that October high above $4 down to sub-$2 territory. Ouch. But look closer, the narrative might be shifting. While price has been consolidating around these lower levels through December, notice that juicy green spike on the OI-Weighted indicator hitting just as we flipped into January. That’s fresh interest, a clear divergence from the sustained reds we saw through much of October and November. This isn't just noise; it’s a heartbeat picking up right at the bottom of the range. The market's been ignoring this one, but that burst of open interest suggests eyes are starting to turn. We’ve seen this script before: quiet accumulation, then a snap. Keep your scanners glued to CVX, because if this new energy sticks, that low $1.50-$2.00 region could be a launchpad. Don’t sleep on it!
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