Home About the company Daily reviews Valero Trading Analysis (13/08/2024)

Valero Trading Analysis (13/08/2024)

13.08.2024

The trend is descending. The stock is trading in the range between 365 and 135 ЕМА. The upward wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the overbought condition.

Trading idea:

Sell at the breach of 150.50.
Stop-loss at 153.50.
Price targets at 147.20 and 144.00.

#valero #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC

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