Valero
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.
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.
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