Will the Ascending Triangle hold or fail? Plot your targets on the chart.
Bullish continuation pattern.
Market participants tracking Valero Energy should note the latest formation. With a last close of $244.09, volatility remains active (1.09%). The primary technical feature is a Ascending Triangle formation. Volume is average (0.55x avg) with moderate trend strength (21.4). A potential breakout level is identified at $258.43, targeting $322.28 with support near $231.2 (R:R 2.34).
What is your outlook on VLO?