VALERO ENERGY CORP

VLO NYSE

harrison1821

Last time price got close to the gap zone, it fell away quickly. This time, price can't be pushed away. If we chew up all the sell orders before running out of bullish momentum we should break right through the gap zone. The energy sector has been strong and should help pull it up. See the strong correlation to oil prices at the bottom of the chart.

avmiljutin

Just an observation and not a recommendation. On weekly the price is approaching to MA200 and strong downtrend resistance. There are many "if" but if it breaks, if global demand of energy increase, if treasurers, if inflation, if whole market, than possible 'long" based on measured move. If not than possible reveres and "short" based on measured move. RSI on...

Mekronid

First off, sorry for the odd orange lines, I couldn't make the chart 5 minute resolution for this one-day prediction. Instead I tried to predict where the most trading would commence for a given 15 minute timeframe by overlapping transparent lines on the 5 minute chart. The basic premise is that Valero will end the day in the red after making a semi-H&S...

AidanMDang

$VLO has been consolidating within a bullish ascending triangle for the past couple of months. Watch for a breakout for upside continuation. Targeting $68 Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽 Good luck!

mggagni

Interesting setup in VLO. If VLO can break above its near term resistance of $62 then we think it can go back up to $77.

dobisa

I can imagine this one reaching '19 Nov highs again

asenski

Amazing opportunity here, risk/reward wise. Let's see how it plays out...

stephanelibatd

Hey guys, VALERO ENERGY CORP is in a configuration fake with a shadow that knows formed by sellers and a low volume of purchases made. On the TIMEFRAME M1 we can see a shadow let sellers with a high volume of purchases exchanged it goes on the top of the cosolidation zone to test it. Big possibility of breaking out the price afterwards the zone to arrive in a new...

PlanTradePlanMM

Monthly Demand Zone Daily trendline break entry 40 stop 37 target 52 Reward:Risk =4:1 I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.

Lady_An

Strong fundamental Regular dividend income Technically might start to grow

hondaRual

ZOOMED OUT LOOK IS INTRIGUING

benedavide

going down to 41/42 and come back to 50 or more (50+ after broke the resistence)

cicizzyu

Break out from the descending wedge looks imminent, after weeks' consolidating in a tight range. Current position: None (as already heavy in PSX) Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.

WaineNZeddmo

Valero approaches a possible interest zone on Fib .618 with Stoch overbought. However, RSI and DMI show the expected range values confirmed by the price action of the last 60 days. I have just set up a price alert at $58 to continue with the 4H analysis.

dragonboys

1H showing bearish as well.

dragonboys

broke down below triangle. 49, 46,41 are the levels

tdrake2139

Looking to brekout here. Lets see if it closes above 50 EMA