Valero Energy Analysis
Valero Energy operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The company was founded in 1955 and is based in San Antonio, Texas.
Weekly averages of 8 and 20 periods crossing over, a good entry for highers considering the following supports and targets.
Entry - 90
Stop - 80
Target 1 - 105
Target 2 - 117
Just an analysis for study.
This review is not a purchase recommendation.
Always set STOP in order to limit losses.
Respect your strategy!!!
Risk Management: As always, we should use rational position sizing. This means that we should only invest an amount that is appropriate for an individual investor, given their portfolio size and risk tolerance. A rational position size is something each individual investor will need to determine. And remember, never go “all-in” on any investment.
Weekly averages of 8 and 20 periods crossing over, a good entry for highers considering the following supports and targets.
Entry - 90
Stop - 80
Target 1 - 105
Target 2 - 117
Just an analysis for study.
This review is not a purchase recommendation.
Always set STOP in order to limit losses.
Respect your strategy!!!
Risk Management: As always, we should use rational position sizing. This means that we should only invest an amount that is appropriate for an individual investor, given their portfolio size and risk tolerance. A rational position size is something each individual investor will need to determine. And remember, never go “all-in” on any investment.
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