CVX(Chevron): counting elliott waves
Hello friends. Today, I counted waves of CVX (the stock of Chevron Oil Company). I hope you will like it.
After completing a full 5-wave, price is now completing wave c of corrective A. The decline will probably continue until the bottom of the channel, then we will witness an upward movement to complete wave B.
After completing a full 5-wave, price is now completing wave c of corrective A. The decline will probably continue until the bottom of the channel, then we will witness an upward movement to complete wave B.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.