A possible 46% opportunity in less than 6 months..!
Notice: this trading setup is based on higher oil prices in the coming months, because of the geopolitical tensions..!
Entry: 86-87
Stop loss: 75
Reward/Risk: 3.35
Target range: 127
Time Frame: 24 wks
Possible gain: 46%
Possible loss: 13.5%
Position size: 10% of trading capital
You can see the most important support(green line) and resistance (red line) levels.
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
*I have long position in VLO
Entry: 86-87
Stop loss: 75
Reward/Risk: 3.35
Target range: 127
Time Frame: 24 wks
Possible gain: 46%
Possible loss: 13.5%
Position size: 10% of trading capital
You can see the most important support(green line) and resistance (red line) levels.
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
*I have long position in VLO
Comment:
The biggest positive candle in the past 469 days just happened..! indicate a very strong breakout..!
Comment:
BofA Securities Adjusts Valero Energy's Price Target to $135 From $107, Reiterates Buy Rating. Stay calm and enjoy your investment in 2022..!
Trade closed: target reached