1. After a rally, Chevron completed a figure wich I find like a head & shoulders pattern. Two lower highs after the high of the head. 2. Oil is in a strong downtrend. So I expect $CVX to go down in the next days. Enter tomorrow at market. Target: 164.50 SL: problem, too far. Maybe, put it slightly above the neckline at 176.00.
The look is bearish 🐻. 1st target is near but a 2nd one is very far. Red eléctrica.
Solaria has a hard resistance at 18€, so if it can not go through it, it will fall again. Target at 14,50.
Melia is completing an impulsive wave 🌊. Has it finished the 4th phase? In that case, go short.
I see Enagas completing an impulsive wave, the 5th wave would be starting, so I should open a short position. 1st target 15,55 €.
On a weekly basis, some Japanese candlestick patterns look quite reliable. In this example: a 3-inside-down pattern, a hammer, and a shooting star. Even some Bullish Engulfing Candles! Can you see them?
30 may: chart was forming a bullish triangle. When the price broke the resistance, I opened up a position at 136.945. SL 135.843, TP 138.837.