VLO Bull Flag Breakout

٢٢ أغسطس ٢٠١٦

Playing this since last week, but having a hard time breaking out over the R1 pivot. Oil appears to be turning over here with more rumors (again) that the whole 'freeze talk' was B.S. If this thing breaks the 10dma with conviction (volume), unfortunately i'll have to sell my calls. It's been showing strength but needs a catalyst to break out.