VLO is showing the beginnings of a pullback back to support at the $70-71 levels. On the longer term chart there is significant support at these levels, so i'm looking to short to that level and get out, until it starts to show price action breaking below this support.
This is a potential 5-6% move with close to 2:1 risk/reward. The RSI index is close to a bearish zone
This is a potential 5-6% move with close to 2:1 risk/reward. The RSI index is close to a bearish zone