Valero Trading Analysis (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: …