CVX: a life time opportunity is unfolding

CVX

note: for all our suggested positions, one should have his own entry strategy. lets make it simple: a trend line (some smart trend line) must be broken before a position is open.

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recall:
those (3, and 1) at the very top, could turn to be (c, and d) ,,, which means wave-e (the 5th wave up) is still to come.
we are looking for oil to make an all-time high.
so one has to be careful with this company. for safety one could consider to short indices.