Amidst the market pullback, PBF appears to be looking to retest the volume shelf at 8.00 and 21 day EMA simultaneously. Price is descending with volume indicates a potential dip. This might be a great entry for a long position.
10/27: the chart says buy- it pierced the 21d with heavy volume 2x. There was a long bear wick and RSI is faltering a bit. Stock trying to break 30 but it might do it's typical 2x bounce. MacD sluggish- Wait for pivot of 88.82. AMD is a $200 stock, especially with the XLNX acquisition. Early entry 85.51. AMD buying XLNX makes total sense as INTC did is...
Overhead providing questionable movement to the upside in this timeframe. Only those who are NOT SWING TRADERS - those who trade lower than hourly know the current game better than I. I'm hodling until I see a break above resistance. CAVEAT: do as ypou see fit. NOT financial advice.