Valero Energy Corporation Forum

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18:10 17/04/2018

Welcome to the new Valero Energy Corporation live discussion forum! Messages posted in the Valero Energy Corporation live discussion will be logged here for posterity.

18:10 17/04/2018

Shares of Valero Energy Corporation (VLO) hit a epic trend line resistance point today at $106.00. With oil closing in on $70.00/bbl, investors should expect a sharp pull back in the refiners on a narrowing crack spread. This trend line alerts to the trigger price and members have acted upon it. Per the chart, expect downside to be $98.00 in the near-term and $70.00 in the long-term. Every metric is signaling a top on the stock. Be ready for the downside. Gareth Soloway InTheMoneyStocks

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