I'm looking to reenter PBF at support near the 27.55 mark. I've highlighted my recent trades in the chart, showing my exits and reentries. I'm adept at working like this instead of holding during corrections. I anticipate the turns based on price action around key levels, and the application of Tim West's 'self contrarian' signals that we use to time exits in good...
the rally I called for in summer was delayed and turned into a real monster breaking serious levels.-
This looks like a sure bet to me (and it's a good hedge against the SM Energy CALL SPREAD). Buy: Dec '16 $22.50 PUT Sell: Dec '16 $20.00 PUT Initial outlay: $120 (net debit) Maximum risk: $120 at a price of $22.50 at expiry Maximum return: $130 at a price of $20 at expiry BE at expiry: $21.30
PBF has a solid setup here, it's bound to breakout above the highs soon, so we can start buying gradually until it shoots up. Good luck! Ivan Labrie.
Go long PBF here, risk a drop to 18.70. Valuation is very cheap, high dividend yield, and growth prospects for the long term. Good luck! Ivan Labrie.
PBF has a nice bullish setup in the daily chart. After an extended decline, it's likely to move back up to meet the weekly downtrend mode after the time projected in the weekly expired right at the bottom. Daily charts are setting up as bullish with RgMov making a new high ahead of price, and a potential Time at mode uptrend signal about to confirm if the next...
We've got a little head and shoulders going on here and as long as the neckline is not broken, we could enter for a long position for a target of $30. We have also a bullish divergence going on with the RSI, so, I will consider entering a long trade if the price touches the neckline again. Also, if the neckline is broken, we could short for a target of possible $23.
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,...
Ticker : PBF Direction : SHORT Entry Price : 29.59 Current Price : 27.86 Description of Chart : As expected I was looking for a break below the blue trendline which would then set us on course for our next target, 26.66. If we can break this level then our ultimate target is around 23.79. Keep your eyes peeled as there could be some support at the pink...
Ticker : PBF Direction : SHORT Entry Price : 29.59 Current Price : 29.59 Description of Chart : As you can see on the chart we are at a point where two trendlines, which are quite significant as they have been put in on the daily chart are now crossing. I am anticipating a large break down from this area to at least the 23.79 area. Will watch this closely as...
PBF has broken the inside downtrend line, forming a mode after rallying above earnings resistance. Free cash flow has turned positive recently, and the stock looks to be accumulated and ready to rally very soon. The dividend yield is quite attractive and I think we can see some nice upside in due time intil FCF yield is low again. Look to enter longs at market,...
The concept here is to use the KEY EARNINGS LEVELS as the important beginning and ending for your regression analysis. That way you KNOW the first and last points are extremely important price levels for the stock you are analyzing. Many times people use various, inconsistent methods to determine where to begin and end regressions and it yields unacceptable...
Looking for price to test daily support and then reverse back up into confirmed resistance filling the daily gap.