VLO approaching resistance, potential drop!
VLO is approaching resistance at 91.88 (horizontal swing high resistance, 100% fibonacci extension, 38.2% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 78.04 (61.8% fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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