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mrezaei
Jun 4, 2016 7:11 PM

Long (or short opportunity) 

PBF Energy Inc.NYSE

Description

We've got a little head and shoulders going on here and as long as the neckline is not broken, we could enter for a long position for a target of $30. We have also a bullish divergence going on with the RSI, so, I will consider entering a long trade if the price touches the neckline again. Also, if the neckline is broken, we could short for a target of possible $23.
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