JRambo2018
Long

PSX Ascending Triangle Forming

NYSE:PSX   PHILLIPS 66
PSX has been in an upward trend since reporting strong Q2 earnings . Over the last week, PSX has been consolidating and begun to form what looks like an ascending triangle pattern. I predict consolidation will continue for the next few days with a break in the near future above the upper horizontal trend line to continue its upward trend.
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