CVX - Potential Swing Upside - Mid Term

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CVX - Potential Swing Upside - Mid TermChevron CorporationBATS:CVXCreedxxTimeline - now to 3 months 1. Bullish flag pattern sustained, form during Oct 2021. 2. Rounding bottom above 1D resistance at $130 - Last close is above Fib 88.6% - $154.36 - In the 2 days, weak selling pressure is noticed. 3. More attempts to break 88.6% Fib level opposed to $130 support line - Bullish angle upthrust stays above 45 degrees - Concludes high change of breaking 88.6% fib level, towards previous high of $169.66 3. Entry points EP 1 - buy spot with 1 or 0.5 size EP 2 - Enter another 1 or 0.5 size if closing prices stay above Fib 78.6% at $141.56