Possible Long Trade Setting Up in VLO
No trade taken yet. Would like to see a little false breakout below the triangle and then a rally back above 66.25 to trigger a long. With the price moving sideways for a good amount of time, there is a good chance of a false breakout before the price makes a bigger move higher...IF it makes a bigger move higher. I would rather wait to see if that false breakout occurs before taking a trade currently.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.