Refining and Renewables Energy Name Builds Strong Bull Flag
HF Sinclair (DINO) shares are showing great relative strength in the energy sector and forming a solid bull flag near recent highs with the top of value area at 58.30 and a breakout above likely seeing 60 quickly with a bigger upside target at the 63 level near an untested VPOC from last year. DINO has its 52-week highs just above that at 66.19 as well if the rally extends further. Support is strong down into 55 but a close below would be an ideal stop loss level. DINO recently announced a $1B buyback and is acquiring Holly Energy Partners.