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Analysis: #NYSE $VLO
Case 184 #Valero Energy Corporation
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#VLO 1/4
Case 184 #Valero Energy Corporation
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#VLO 1/4
Chart 1
Weekly Chart: Medium term #support at 70.40 has been lost and with it the long term 2012 #trendline. Price is currently trading below the 2019 low - the next target is 52.55 then the 46.30-44.50 support .....
VLO 2/4
Weekly Chart: Medium term #support at 70.40 has been lost and with it the long term 2012 #trendline. Price is currently trading below the 2019 low - the next target is 52.55 then the 46.30-44.50 support .....
VLO 2/4
..... zone where we expect buyers to be positioned and below at 38.95/15. To the upside #resistances are stacked and formidable beginning at 72.45-73.30 then 78.50-79.80.
VLO 3/4
VLO 3/4
