Notice: this trading setup is based on higher oil prices in the coming months, because of the geopolitical tensions..! Entry: 86-87 Stop loss: 75 Reward/Risk: 3.35 Target range: 127 Time Frame: 24 wks Possible gain: 46% Possible loss: 13.5% Position size: 10% of trading capital
You can see the most important support(green line) and resistance (red line) levels.
Best,
Dr. Moshkelgosha M.D
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*I have long position in VLO
Comment
The biggest positive candle in the past 469 days just happened..! indicate a very strong breakout..!
Comment
BofA Securities Adjusts Valero Energy's Price Target to $135 From $107, Reiterates Buy Rating. Stay calm and enjoy your investment in 2022..!
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