VLO - 4h Long signal💡💡#SIGNAL 💡💡 $VLO ▶️ Buy NOW + Block 🔴 SLT - 4h (Trigger) #VLO_4h_070322 On 1D, the stop should be at $75. But at 4h there was an upward trend reversal, which makes it possible to open a deal with a shorter stop.Longby UnstoppableTradingUpdated 1
Valerorefinery distillates, propane, diesel, jet fuel.... all going up in price bullish rising wedgeby hillbilly2500
A cup of Refinary..!When I published my analysis on March 7th, the price was 86-87..! I mentioned a 46% opportunity in less than 6 months..! 2 Trading days after that, Bank of America increase its price target for Valero from 107 to 135..! I believe there will be an exceptional Q1 earning at the end of April..! Best, Dr . Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. * I have a long position.Longby Moshkelgosha1114
7/3/2022 NYSE VLODesicion to Buy. Entry Price = $86.15. Target Price=$88.10. Stop Price=$84.65Longby Airecap_SuperUpdated 2
Lower!Price hit the resistance and pulled back (regardless that oil kept making new highs!!). I believe that price could still go down towards the uptrend line ! IF correct I will watch the price action at that level! Too early to buy in my opinion :)Shortby Bleck0
$VLO March Swing IdeaAiming for Marh 90$ contract for March 18th currently at 130$. 2022-01-25Longby phongthienphihong0
Swing Trade - VLOThe Paper trade idea, basing off the hammer on 12/15 and looking at the gap up in 9/24, looks like a solid place to buy and hold with VLO being in a nice uptrend. Let me know your thoughts!Longby bradleyhinrichs0
$VLO - Inverse H&S coming?VLO has a nice pattern developing. The government is now using reserves to help offset the inflation that they are causing and will continue to get worse. Oil should be a benefactor in this as well as the refiners. If inflation turns out to be transitory (not going to happen when you increase the M2 money supply by 40%) then the rise in commodity prices will be short lived. We shall see. GLLby UnknownUnicorn167392721
VLOLONG-TERM: Potential inverse head & shoulders, with the right shoulder lining up at a historical support/resistance level and bouncing off of it. Also potential for hidden bullish divergence on the daily. (not financial advice)Longby Champion-Vibe2
$VLO 5 Months Cup with Handlehere is $VLO in the same group as $PBF but with 30% cup base depth. that's much better and having plenty qualities to like. OBV new high before price, multiple pocket pivots on the right side of the base. I like it.Longby TaPlot1
Processing Spreads Provide Fundamental CluesSome futures markets offer contracts that are related to others and are processed products of the commodity. Understanding the price relationships, history, and paths of least resistance of the processed product versus the original input can provide valuable insight into supply and demand fundamentals. Moreover, these relationships shed light on other related assets. Market structures are the pieces of a jigsaw puzzle Processing spreads are real-time supply and demand barometers The soybean crush spread Gasoline and distillate crack spreads Monitoring corporate profits There is so much data at our fingertips, but we need to understand how to use and interpret the information. Processing spreads are invaluable tools as they are critical variables for market calculus when forecasting the path of least resistance of prices. The crude oil and soybean futures markets offer liquid futures contracts in products that can reveal significant trends, warning signs, and calls to action. Anyone who undertakes a home improvement project knows that the job will not go well without the correct tools. Trying to hammer in a nail with a screwdriver is far from optimal. Tightening a bolt with an ax is a disaster. The best tool leads to the optimal result. The processing spread is one of the most critical tools in my investment and trading toolbox. Market structure are the pieces of a jigsaw puzzle In the world of commodities, market structure are integral pieces of a puzzle. When put together, they provide clues about the path of least resistance of prices as they reflect and can be real-time indicators of supply and demand fundamentals. A commodity’s market structure includes: Term structure- Price differentials for nearby versus deferred delivery periods. Location differentials- Price differentials for delivery of a raw material in different regions. Quality differentials- Price differentials for differing grades, sizes, or composition of the same commodity. Substitution spreads- The price comparison of one commodity for another that can serve as a substitute. Processing spreads- The margin or differential for refining or transforming one commodity into its products. Together, the various pieces that comprise a market’s structure create a picture that often points to higher or lower price paths. Processing spreads are real-time supply and demand barometers The processing spread is one of the valuable tools in an analysts’ toolbox. It tells us if demand for the products is rising or falling. Consumers often require the processed product instead of the raw commodity. The differential between prices of the input, the commodity, and the output, the product, is a critical fundamental measure. Narrowing processing spreads signal falling demand while widening spreads are a sign that supplies are not keeping pace with requirements. Since futures contracts prices are constantly changing, processing spreads can be volatile. When the commodity and product trade in the futures market, the differentials provide a unique supply and demand perspective for traders and investors. There can be many reasons for price variance in processing spreads. However, comparing them to historical levels can serve as real-time indicators of fundamental forces that determine the underlying commodity’s price direction when exogenous factors are not impacting the overall refining or treatment process. Many commodities do not offer futures contracts in the products. The soybean and crude oil markets are exceptions. The soybean crush spread Soybean futures trade on the CME’s CBOT division. Soybean products, soybean meal, and soybean oil also trade in the futures markets on the CBOT with separate and independent futures contracts. Soybean meal is a critical ingredient in animal feed, while soybean oil is cooking oil. Both have other uses. Processors crush raw soybeans into the two products; the oil is the liquid from the crushing process, while the meal is the solid substance. The soybean crush spread can be highly volatile. The monthly chart shows the soybean crush spread over the past fifteen years. The spread traded to a low of a quarter of one cent to as high as $2.1950. The low was in 2013 when soybean futures were trending lower from the all-time high in 2012 at $17.9475 per bushel. The high was in October 2014 when soybean futures were consolidating at lower levels. The move to the high was because consumers bought soybean products at lower prices around the $10 per bushel level. More recently, the crush spread signaled that soybean futures had run out of downside steam. After trading to a high of $16.7725 per bushel in May 2021, the oilseed futures fell below $12 in October. When soybeans were on the high in May, the crush fell to a low of 52.75 cents. At high soybean prices, consumers backed off buying the oilseed products, leading to a price correction that took the price below the $12 per bushel level in October. Meanwhile, falling prices caused demand for products to return. The crush spreads traded to the most recent high at $1.9050 during the week of October 18. The rising crush spread was a sign of robust demand that lifted the raw soybean futures from the recent low. The November soybean futures chart shows the rise from a low of $11.8450 to the $12.50 level. The price action in the crush spread was a signal that demand for products would lift the soybean futures price. The processing spread action signaled the price bottom over the past weeks. Gasoline and distillate crack spreads Crude oil refiners process the raw energy commodity that powers the world into products, gasoline, and distillates. The NYMEX futures market trades contracts in crude oil, gasoline, and heating oil. Heating oil is a distillate fuel that is a proxy for other distillates, including jet and diesel fuels. Refineries process crude oil into the oil products by heating them to different temperatures in a catalytic cracker. The price differential between the input, crude oil, and the output, the products, are “crack spreads.” Rising crack spreads point to increasing demand for oil products. When they fall, it is a sign of oversupply or weak demand. Crude oil futures reached lows in April 2020 during the height of the global pandemic’s impact on markets across all asset classes. The NYMEX crude oil futures weekly chart highlights the bullish trend since April 2020 as the energy commodity has made higher lows and higher highs. The weekly chart of the gasoline crack spreads highlights the bullish trend since March 2020. Gasoline is a seasonal commodity that tends to reach highs during the spring and summer months and decline during the winter as drivers tend to put more mileage on their cars during the warm months. However, at the $17.63 per barrel level at the end of last week, the gasoline crack spread was appreciable higher than the peak in October 2020, when it reached $11.62 per barrel. The gasoline crack spread has provided bullish validation for the path of least resistance of crude oil’s price. The weekly heating oil or distillate crack spread chart also displays a bullish trend. Distillates tend to be less seasonal than gasoline as jet and diesel requirements are year-round. At the $22.53 per barrel level at the end of last week, the heating oil crack was far higher than its October 2020 peak at $9.96 per barrel. The crack spreads have supported the rising crude oil price as they point to robust product demand. Monitoring corporate profits While processing spreads can provide insight into the path of least resistance of prices for commodities that are inputs, they are also real-time earnings indicators for companies that refine or process the raw commodities into the products. Refiners or processors tend to buy the input at market prices and sell products at market prices. The refiners and processors make significant capital investments in refineries or other processing equipment. They make or lose money on the processing spread. When they widen, they experience a profit bonanza; when they fall, times can get rough. When the spreads rise above the cost of the process, profits rise. Low processing spread levels can lead to losses. Valero (VLO) is a company that refines crude oil into oil products. The chart shows that the high in October 2020 was at $44.88 per share. In October 2021, VLO was over the $80 level at the end of last week. Rising crack spreads have lifted profits for the oil refiner. Archer Daniel Midland (ADM) and Bunge Ltd. (BG) are leading agricultural processors. Soybean processing is one of the many business lines for the two companies. The rising soybean crush spreads have lifted profits for the companies. In October 2020, ADM shares reached a high of $52.05 per share. At the end of last week, the stock was at the $66.22 level. BG shares reached a high of $60.50 in October 2020 and were trading at the $88.33 level at the end of last week. The rise soybean crush spreads at least partially supported rising profits and higher share prices for ADM and BG. Processing spreads are real-time indicators for the demand of the commodities that are the inputs. They are also real-time earnings barometers for companies that process commodities into products. Any tool that improves your ability to analyze markets is worth keeping in that toolbelt. --- The full article and spread charts are available using the link below. You can also sign up for the Monday Night Strategy Call below. Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and options trading. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. This article does not in any way constitute an offer or solicitation of an offer to buy or sell any investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction. Educationby Andy_Hecht338
Valero Energy Corp General Trend Up Last swing move 0.236 went back further and found a previous swing move with a retracement of 0.786 and an internal structure of a 3 wave Structure W-X-Y are completed currently the beginning of a down move X internal structure (A-B-C) Earning report on 22nd April.2021 Shortby Beclinks_CapitalUpdated 0
Long | VLO | Swing option tradeNYSE:VLO Possible Scenario: LONG Evidence: Price Action TP1~ 80$. TP2 ~85$ SL ~78.65$ as support Call options, Strike 90$, 06/18/21 10% initial Position | 10% For averaging down or up Call options, Strike 95$, 09/17/21 40% initial Position | 40% For averaging down or up * This is my idea and could be wrong 100%Longby shksprUpdated 1
VLO bearish cypher VLO - valero oil co, possible area for a reversal to the downside . Hitting a sequential 9 this week. Bearish cypher.!!!! Also at a place of previous support and resistance. I am and have been bullish on most commodities especially oil and energy companies. (for weeks)... but this looks like an opportunity for a quick short position. One could watch this for educational purposes . Shortby TheOne991
<TradeVSA> Valero Pullback Completed ?Sign of Strength in the chart: 1. Mark-up Stage 2. Green Pentagon increasing volume 3. Price above 20/40ma Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stockLongby MartinTFWong0
Cup and Handle Earnings are 4-22 BMOMid Cup is 56.28 Cup depth is 41.67 Earnings this week. No recommendation. VLO is in a rectangle and hanging out on the handle. Breaking from the rectangle would be it's first task in my opinion, but this would also be a long entry to the cup and handle pattern as it is not there yet. Lots of R overhead.by lauralea0
VLO Bullish Sweep $2M in premium traded for $80 Calls June 18thNYSE:VLO $2M in premium traded for $80 strike calls for Friday June 18th 2021 expiration traded today. Unusual Activity for $80 calls about 10,000 contracts traded around 10.25pm @ approx $1.70 (Above Open interest of only 4657) Volume 23K Plug power earnings date is 04/22/2021 Thursday Bounced off 50 EMA multiple times showing good downside support. CCI is also trending up going from bearish to bullish. 2 Months time on these options I would recommend a vertical spread to keep theta at bay especially after earnings when IV will drop reducing the price of the options if you expect to hold this past earning. The stock dose have the tendency to fall after earnings most of the times and rally after. I would wait for confirmation of break of the $73.95 level and possibly a close above this level to start a position. Got multiple mentions on CNBC today and has already traded up with some volume coming in. Support 50 EMA $70.95 Resistance $73.80 Target 75.21, 77.03, 78.22, 81.33 SL close below 50 EMA Follow more unusual activity signup for a free trial using my referral link marketaction.live Please let me know in the comment if you find this useful.Longby marketaction_live114
ValeroLast 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.Longby The_Arena_Trader1
If it breaks or if it not.Just an observation and not a recommendation. On weekly the price is approaching to MA200 and strong downtrend resistance. There are many "if" but if it breaks, if global demand of energy increase, if treasurers, if inflation, if whole market, than possible 'long" based on measured move. If not than possible reveres and "short" based on measured move. RSI on daily is overbought, on weekly it's approaching the reversal level like in november 2019, but if it breakout there is some space to go up and retest broken level.by higherhigh_221
A Valero FakedownFirst off, sorry for the odd orange lines, I couldn't make the chart 5 minute resolution for this one-day prediction. Instead I tried to predict where the most trading would commence for a given 15 minute timeframe by overlapping transparent lines on the 5 minute chart. The basic premise is that Valero will end the day in the red after making a semi-H&S formation. I believe this is a "fakedown." Rather than continue to collapse (as it has done numerous times in the past) instead it will either gap up or fly up several dollars close to Monday's open. Such strange price action should catch quite a few investors off guard. That's the stock market for ya. My reasoning: The recent deep gully since January has caused most potential sellers to sell in fear. What's left are hungry buyers who missed the correction and skittish sellers looking to take profit. Buying now may seem odd, especially given Valero's long-term downward trend, but oil prices have been anything but bearish and Valero is well-positioned to capitalize on that rally. Though prices may come back down in the next few days after this prediction, I believe Valero's future price will not disappoint. I will be keeping an eye on this today and make another Idea if it pans out on Monday. Conflict of interest notice: I sold Valero calls earlier today and will be buying new calls EOD if Valero is close to the predicted price.Longby MekronidUpdated 0
$VLO | Bullish Ascending Triangle: Watch For A Breakout$VLO has been consolidating within a bullish ascending triangle for the past couple of months. Watch for a breakout for upside continuation. Targeting $68 Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽 Good luck!Longby AidanMDang5514