Valero Energy Corporation., (VLO) manufactures, markets & sells petroleum based & low-carbon liquid transportation fuels & petrochemical products in the US, Canada & internationally. It comes under Energy sector & trades as “VLO” ticker at NYSE.
In weekly, VLO favors impulse sequence in ((3)) of I of (III) from December-2025 low. It should extend rally in (3) of ((3)) between $432.65 – $479.78 areas before correcting in (4). Buyers should wait for pullback in (4) in 3, 7 or 11 swings to reach extremes for next rally.
In weekly, it ended (I) of ((III)) at $184.79 high (4.05.2024) & (II) at $99.00 low (4.07.2025). Above there, it favors rally in I of (III). Within I of (III), it ended ((1)) at $185.65 high, ((2)) at $159.90 low & favors rally in (3) of ((3)). It ended (1) of ((3)) at $265.61 high, (2) at $232.72 low & expect (3) to extend in to $432.65 – $479.78 areas. Within (1) of ((3)), it placed 1 at $192 high, 2 at $176.50 low, 3 at $258.43 high, 4 at $214.71 low & 5 at $265.61 high.
VLO - Elliott Wave Latest Daily View:
It ended 1 of (3) at $320.24 high, 2 at $291.45 low, 3 at $419.04 high, 4 at $364.96 low & favors 5 of (3) for one more push up. The 5 of (3) expect to extend higher up to $453.69 - $479.78 area before (4) start. Buyers should wait for pullback in (4) for next rally against 6.18.2026 low, which may retest the 9.23.2026 low. Within April-2025 rally, the each pullback is shallow & can be extend more as proposed in nest. Do not recommend selling it in any pullback as it is outperform the market.
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