Cape-Peninsula-Capital

PBF Energy Short Term Trade

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NYSE:PBF   PBF Energy Inc.
Chart pattern: Bull Flag

Entry: 16.41$ (this would end the trend of the correction)

Stop: 14$

Target: 19.69$ (1:1 Fibonacci extension of the former impulsive move)

Risk/Reward-Ratio: > 1:1

Stopmanagement: Parabolic SAR daily chart default settings

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