VLO appears to be forming an Inverted H&S chart pattern on the 3 mo d cs chart. This is a bullish pattern.
If pattern completes and plays out, it could reach 47.75 again.
I will not be available today so happy trading to you all.
Agree .... Hfc ran away from VLO yesterday.
Either VLO goes up or HFC comes down ..... We have three bucks to be made here if we get it right.
Personally , I think buying VLO today is the answer.
I will be watching the VLO/ Hfc spread today... If the mms run Hfc up and fade VLO, then a load of VLO will go in the bag.
Ditto, AH. Good day to buy. Got mine.
Thanks D"...... Sounds like a plan AH". Nice swing trade spread yesterday. It allowed me to buy in at the end of day. I see the 50 area by summers end. However I will sell on any bull movement to current held positions and reload on pullback. Pole