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EvergreenWealthAdvisor
Mar 21, 2024 8:41 PM

Investment Opportunity Chevron Corporation Long

Chevron CorporationNYSE

Description

Potential Investment Opportunity on Chevron Corporation.

+25% Upside
-11% Downside
Comments
Jens_grow
Nice graphs - maybe Im not the target audience - but trying lo learn.... a little explanation to the graphs ?
EvergreenWealthAdvisor
@Jens_grow, Hello, thank you for your comment,

1) We are bullish in long term analysis & Weekly timeframe. (Green Dots)
2) We can observe the price is back on a weekly demand zone
3) We can observe that a huge liquidity was taken (dotted line) in Weekly timeframe (External Liquiidty)
4) We can observe the price changed the structure from bearish with a break of structure that we can easily see in daily timeframe.

The conclusion is that the probability is now that the price will become bullish and reach new highs but nothing is 100% sure, you must diversify investments to be profitable.

I just publish a new analysis on TSLA that you can check,

Kind Regards,
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