Apr. 20 at 3:11 AM
$CVX confirmed downside continuation after the prior dark cloud cover signal, with last week’s bearish follow-through reinforcing supply dominance.
Price action shows failed rebounds and lack of demand, suggesting distribution rather than exhaustion at highs.
Technically, the trend remains weak but not yet structurally reversed, making early long entries risky without a clear base or reversal signal.
Overall, this is a weakening trend with continued distribution, requiring patience for a confirmed bottoming structure before re-entry.
$TSLA
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