Get started
asenski

LONG VLO, Huge R:R = 8.01

Long
Valero Energy Corporation (NYSE:VLO)  
asenski Updated   
NYSE:VLO   Valero Energy Corporation
Trend Analysis
2
5
trendanalysis
Amazing opportunity here, risk/reward wise.

Let's see how it plays out...
Comment:
Drat! This was a BS move following the quadruple witching day on Friday.

I don't usually use stops, but instead watch the price action. I am not closing this trade until the close of the day, if near the close of the day we are above the stop I'm letting it stay in.
Follow me for some interesting Risk:Reward ideas. I have a purely technical analysis approach. I mainly watch and trade US stocks that have weekly options. This is not an investment advice, do your own due diligence.
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.