dzygadlo

DK - Cup with handle forming?

Long
NYSE:DK   Delek US Holdings, Inc
This looks like a cup and handle formation for DK - I'm thinking that it may correct down to between the .5 and .786 level before rebounding. And then the upside looks to be in the 40's. I'll be contemplating a purchase as it nears the bottom.

Also note that the the 100 SMA is crossing up the 200 SMA .

Good luck!
I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!

Good luck and I'm always interested in what you think.