On the 4-hour chart, CVX is showing a bullish triangle pattern breakout, which indicates a potential uptrend that could see gains of up to 40%.
We recommend keeping an eye on CVX for new trading opportunities, especially given the emergence of this technical pattern. If the price manages to break out of the upper band of the triangle, this could signal further upward momentum. Investors could consider looking for a suitable buying opportunity after a confirmed breakout to capture potential gains.
