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IvanLabrie
May 16, 2016 3:51 PM

PBF: Reload longs! Long

PBF Energy Inc.NYSE

Description

We should reenter PBF longs here, we had great results the last time, buying against earnings support. Risk either 1 or 3 ATR's down from here.

If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers,

Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.

Comment

Hero call!

Comment

Shout out to Tim West, his indicator suit can be extremely powerful if it falls in the right hands.
$20 per month is a steal.

Comment

Looks solid. Very constructive for longs.

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Excellent progress!

Comment

Broke below earnings support again, it's proving to be a hard trade. Probably very rewarding if we're patient. If long, selling covered calls against the position is probably a good idea. Either that or reducing exposure and using a wider stop.
Comments
mabaert
as in...go long? :-)
IvanLabrie
Still valid, but yeah.
If you saw the post in time, profit would be equal to risk quickly.
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