CVX - Short term support and resistance

2022년 10월 14일

1. Fortune_TD, Fortune Banker trend, Fortune Crown stage:

28 Sep 2022, Fortune TD 9 and Force 9 show the trend exhaustion range, the green bar on the previous day shows this is a potential share pull back. .
03 Oct 2022, Fortune Crown red dot reverse from bottom
03 Oct 2022, Fortune Banker trend, green line shows the banker chips flow in from 26 Sep 2022, then short money cross its 5 days average on 03 Oct 2022, potentially a reversal at the bottom.

2. Support and resistance:
the support is the lower price of share pull back signal (green bar), at 140.46.
The 1st resistance is the gap down on 10 Jun 2022, at 173.65.

4. Summary:
Based on above analysis, if the share price hit the resistance 173, and the buy point is 152, short term profit is approximate 11%. If there is no sell signal at the resistance level , then it will develop into main wave.

Disclaimer : no recommendation of buy/sell, purely for TA learning and sharing.

2022년 10월 28일

노트

Sell in batch, wait for the change after retracement.
God bless me again

2022년 11월 8일

노트

sell off

2022년 11월 9일

노트

yes, after I sold it, start to drop now

2022년 11월 28일

노트

Side way, no entry point