Merger between Hess Corp and Chevron.

On April 12, a long lower shadow candlestick indicates that selling pressure to take profits has outweighed buying pressure, resulting in a significant drop.

In other words, it's a peak. Afterwards, on the 15th, although not as significant, another long upper shadow candlestick indicates that a certain percentage of people who panicked sold. The following day, the 16th, saw a gap down but with a lower shadow candlestick, showing a substantial drop initially halted and then recovered slightly with a negative comparison to the previous day. This suggests a weakening bearish momentum.

Since the finances are solid here, most things are usually fine.

With money, you can start any other business.

In that sense, even Tesla is okay, but Tesla doesn't have dividends.

It's almost certain that President Trump, who dislikes EVs, will take office, so the trend is shifting from EVs to hybrids. You can adjust oil production up and down as much as you want and conduct price surveys.

It seems that in April, there was more harm from short selling than from Tesla, so Chevron, which still held up, is a buy.

My perspective has changed since six months ago.

Personally, I would buy without hesitation if it's in the $160 range. I will wait and see in the $161 range.