Chevron Wave Analysis – 2 September  2026

Chevron: ⬆️ Buy

– Chevron broke key resistance level 208.10

– Likely to rise to resistance level 215.00

Chevron previously broke above the key resistance level 208.10 (which stopped the previous minor impulse wave 1 in the middle of August).

The breakout of the resistance level 208.10 accelerated the active minor impulse wave 3 that belongs to the intermediate impulse wave (3) from the start of August.

Given the strong daily uptrend, Chevron can be expected to rise to resistance level 215.00 (that stopped the sharp uptrend at the end of March).