P1SX34 trade ideas
$PSX 66 Could this be a double top$PSX 66 Could this be a double top, if we produce more oil or the OPEC keep hating each other like Saudi and Iran, STO over bought
PSX up to $87.00PSX bounced from support with a morning star candlestick pattern accompanied by a surge in trading volume on the same day. Expecting to see price move up to resistance at approximately $87.00.
PSX, trend reversal and confirmation ? believe it or not PSX shows a reversal pattern with confirmation candle, but it is too week, but hey how trust these condles now a days :)
$PSXI would wait for a trend line tag under normal conditions. However I am also willing to take a little heat if need be. Looks like a good entry for a long swing trade to around $88 to $93. Being oil I feel it best to do common stock for this swing trade.
PSX Long setup for next weekShort term scalp.
I'm looking for PSX to hold this
downward channel next week and
trade back towards 82. Running a
stop at 78.50 as If we break below
78.50 we should see the 75's trade.
A long there would be attractive.
PSX: Warren Buffet's callThis stock is acting great (and similarly to $PBF and $MPC, it's a great long term play, with immediate entry parameters).
If not long the stock you can look to get long on either, dips to support, price moving above the previous daily close or a new daily high. As long as it stays above the light blue box, it's highly likely accelerating to the upside, and heading to 84.53 in the short term.
Good luck!
Ivan Labrie.
PSX looking for a move to the upsidePSX daily in a falling wedge w/ reversal hammer candle. Watching for a pop.
Double Top Pattern / Patrón Doble TopeEntre finales de octubre y principios de diciembre de 2015 se formó un patrón de doble tope en el precio de PSX. Velas de 4 horas.
PHILLIPS Long oppertunnity. Traders,
Phillips market giving us an opportunnity to make some profits..
Everything is in the chart.
Good luck,
PSX strong long setup on H1NYSE:PSX
A powerful bounce from the trend line with low volume test means no selling in the stock.
The push through of the swing high is a very high probability.
I recommend to exit 80% of trade size at the 1st price target as shown on the chart 88.24$
The remaining size of the trade will ride the trend till i give exit signal.
Warren Buffett’s Berkshire Hathaway can’t stop buying shares of Warren Buffett’s Berkshire Hathaway can’t stop buying shares of this big oil refiner
