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Chevron ($CVX) in Expanded Flat Elliott Wave Correction March 21, 2023 By EWFHendra Chevron Corporation (CVX) is an American multinational energy company. It is the second largest oil company in the United States and has operation in more than 180 countries. Chevron is involved in the entire spectrum of supply chain within the oil and natural gas industries from exploration, production, refining, marketing, transport, and sales. The stock shows a bullish sequence from all-time low but now is in the process of correcting cycle from March 2020 low. Below is the Elliott Wave outlook for the stock. Chevron Monthly Elliott Wave Chart Monthly Elliott Wave of Chevron (CVX) above shows the stock ended wave ((I)) at 135.1 on 7.1.2014 high. The stock then did a larger 3 swing pullback in the form of