Stroggwars.

PSX strong long setup on H1

Long
NYSE:PSX   Phillips 66
psx
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.