DINO Double Inside ShortDouble inside short breakdown on DINO. Trend is bearish so that will be the bias for the trade.
DINO trade ideas
HF Sinclair all set to rise 60% in Wave 3ABOUT COMPANY:
HF Sinclair Corporation (HF Sinclair) is a diversified, innovative energy company that manufactures and sells products such as gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, and specialty and modified asphalt, among others.
HF Sinclair also owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington and Wyoming and markets its refined products principally in the Southwest U.S. and Rocky Mountains, extending into the Pacific Northwest and in other neighboring Plains states.
In addition, HF Sinclair produces base oils and other specialized lubricants in the U.S., Canada and Netherlands and exports products to more than 80 countries.
ABOUT THE CHART:
The stock was seen rising in an impulsive 'wave 1' structure from the bottom of May 2023.The impulse ended in Sep 2023 and was followed by a corrective 'wave 2' through Sep-Dec period.
Wave 2 retraced 38.2% of wave 1.
Between 12th-20th Dec the stock again produced another impulse that can be labeled as wave i of wave 3.
The final projected target for wave 3 is expected to the $80-85 which provides a good 60%+ upside potential from CMP. The stock is expected to complete the wave 3 with help of sub-dividing minor waves.
On the down $51 can be considered as a crucial support and hence be also used as a "sl".
DINOBreakout Play
HF Sinclair Corporation is a diversified energy company that manufactures and sells products such as gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, and specialty and modified asphalt, among others. It is based in Dallas, Texas, United States
HF Sinclair Corp (Long)HF Sinclair Corp
Long
Entry at market price
Take Profit at 59.76
Stop loss at 52.11
DINO BUY+++++ Way oversold PE of 4!Many energy stocks are oversold here and overdue for a bounce. DINO is highly oversold and should easily bounce back to $56.90 first target then $62.07 cloud resistance in coming weeks. Yabbba dabba do! BUY DINO
When in doubt, get out! Or tighten stops.
At least that is what I did with NYSE:DINO and it looks like I was right.
This stock was one of the first #oil stocks to breakout to new highs after the June correction, that's why I bought it.
Now it seems like is also the first to break below support levels. I´ll be watching the other #oil stocks.
Always manage risk! Never average down!
Slow Swing to the up sizeMeet Dino, the large green dinosaur at gas stations.
The Energy sector is still at the forefront and Dino isn't going to be left behind. I am aiming for the 52-week highs.
$DINO with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DINO after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 83.33%.
$DINO Energy Name Setting Up$DINO - another name in the energy space making it to my secondary watchlist for this week.
make or break area, neutral here 🦉if it holds the trend support a rally to 62 is possible, a break below is probably going to happen unless we get some big buying volume this week.
on the break of the trend we can target 50.55-46.61-42.67
