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📈 Key Points: Partnership: PBF Energy recently formed a 50/50 partnership with a division of global energy giant ENI. Biorefinery Project: The collaboration is focused on supporting the financing of a biorefinery project. Growth Driver: The biorefinery project is expected to be a significant growth driver for PBF Energy in the coming years. Capacity Increase: The...
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$PBF is a stock that trends very smoothly, in the daily and weekly timeframe and historically has given us a lot of good trades over the years. It has a low risk buy setup here, so it's worth playing it (also present in $CL_F, so you can trade either of the two, in my case I''m long oil futures but not $PBF yet). Best of luck! Cheers, Ivan Labrie.
PBF is oversold here and would expect a bounce back over $40.73 in coming weeks
The idea here is about PBF Energy Inc: PBF Energy, Inc. engages in the operation of a petroleum refiner and supplies unbranded transportation fuels, heating oil; petrochemical feed stocks, lubricants, and other petroleum products in the United States. It operates through the following segments: Refining and Logistics. The Refining segment refines crude oil and...
Looking for a scalp under $39- 38. Sold short 2,000 shares this morning average $40.50. Will add again at $42, 43, 44 etc. Looking to buy PUTS over $43.00
Break above 12.58 Stop signal 11.82, Target 1 13.81, Momentum from there.
PBF IMPULSE 5 PBF IMPULSE 5 PBF IMPULSE 5 on elleot wave
I like the setup in $PBF here, 35% upside at least from here vs a 14% downside risk. I'll keep an eye on the target zone, as this could move even higher over time, until the forecasted rally duration pans out. We had some great trades in this stock since the March 2020 bottom, last weekly signal panned out perfectly before, I think it will perform once...
$MPC has an excellent long term uptrend signal at play here. If not long you should average in over 3 days at least, risking a drop to 43.42, or 3 daily average ranges down. Targets are 89.66 and potentially up to 143.09 in the long run, to be hit by or before Q4 2019. My mentor, Tim West has been adamant about $MPC's strengt, and so far he's been right. This...
PBF is tracing a downtrend, sadly, since it didn't bottom at the recent low...I had to take a loss on my recent entries, and I'll wait for it to hit the lower targets to reenter. My idea is perhaps to short put options at the target, and either get assigned, or get profit from the premium on expiry. Either way, it's a great trade if we take the long...
This is how my equity portfolio looks on the long side -plus a stake in $RVLT-. I also have shorts in $NVDA and $NFLX, which -if we consider that $CEF and $TLT are pretty much like shorting the market-makes my portfolio 51% long, 1% in cash and the rest 'short'. I'll hold this for the time being, watching the developments here onwards. Good luck, Ivan Labrie.
Except for $NVDA short and $RVLT long. You can see how these fared against $SPY this year. I'm anticipating a breakdown in $NVDA, and maybe some kind of correction in $SPY, which would give us a lot of great opportunities next year, so, for now, I take my modest profits in equities home for the year and let these two running. I'm in BTCCNY, RVLT, NVDA short,...
Looking to play bearish. Hoping for a quick retest of the 10 EMA after missing the Doji Entry
I'm looking to reenter PBF at support near the 27.55 mark. I've highlighted my recent trades in the chart, showing my exits and reentries. I'm adept at working like this instead of holding during corrections. I anticipate the turns based on price action around key levels, and the application of Tim West's 'self contrarian' signals that we use to time exits in good...