Many investors, institutional and retail follow the trades of Warren Buffett, the legendary investor like a hawk. Recently, he invested 41 billion in this oil company called Chevron Corporation.
Could he be looking at renewable energy growth that these Oil companies are now penetrating into ? Or looking at prices now, he is expecting these Energy companies to follow suit ?
Please DYODD and be comfortable with the risks that follows.
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nice, breakout of resistance for Chevron and we can also see a nice bullish engulfing candle on USOIL
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Praise the Lord
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it does pay off for retail investors to follow the wisdom of WB. Nevertheless, your money is your money , not WB so you still need to do your own due diligence.
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Less than 1 year, we can see the compounded returns in this stock !