Chart of the Day: Holly Frontier Corp

HFC has been in a really strong sector Oil Gas and Drilling Exploration.  This sector includes stocks like TSO, PSX, and VLO.  The chart feature I draw your attention to is the ascending triangle and a bullish break out.  The pattern here suggest the break out could be as big as the base of the triangle or $10 in the next 4 months.  That is how an ascending triangle can be traded.



Happy Trading

Brice