Chevron Corporation

CVX - Weekly - Long-term idea

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I'm waiting:
1. price at a major level
2. big down rally on the market (S&P 500 near 1550-1600)
3. divergence pattern between S&P 500 and CVX (looking for accumulation pattern)

When all these setups are complete, I'm making dicision to include this stock to my long-term portfolio (3-5 years).

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