PSX trade ideas
PSX: Warren Buffet's callThis stock is acting great (and similarly to $PBF and $MPC, it's a great long term play, with immediate entry parameters).
If not long the stock you can look to get long on either, dips to support, price moving above the previous daily close or a new daily high. As long as it stays above the light blue box, it's highly likely accelerating to the upside, and heading to 84.53 in the short term.
Good luck!
Ivan Labrie.
PSX strong long setup on H1NYSE:PSX
A powerful bounce from the trend line with low volume test means no selling in the stock.
The push through of the swing high is a very high probability.
I recommend to exit 80% of trade size at the 1st price target as shown on the chart 88.24$
The remaining size of the trade will ride the trend till i give exit signal.