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VTNR

$VTNR Target 12.49 for 28.63% $VTNR Target 12.49 for 28.63% My 7.81 order filled in pre-market… I’ll add at 7.81 again if it goes that way… Nice After-hour moves here. This went right to the 50MA and right above the downward trendline… a break above that could make this bullish again…. Let’s go… ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
VLong
by SPYder_QQQueen_Trading
2
VTNR - Standing Strong 💪-Vertex Energy (NASDAQ:VTNR) stock is on the rise Thursday after the company announced a major acquisition of a refinery belonging to a Royal Dutch Shell (NYSE:RDS.A,RDS.B) subsidiary. -The refinery the company is purchasing from Royal Dutch Shell’s Equilon Enterprises subsidiary is located in Mobile, Ala. Vertex Energy will spend $75 million to acquire the refinery. The deal is set to close in the fourth quarter of 2021. -With this acquisition, the location will become VTNR’s leading refinery. This will allow it to undergo an $85 million conversion by the end of 2022. That conversion is for the refinery’s hydrocracking unit. -According to Vertex Energy, it expects the refinery to generate a minimum of $3 billion in sales per year. In addition to that, it expects an annual gross profit of $400 million starting in 2023. -Vertex Energy says that the refinery will allow it to generate 14,000 bpd of renewable diesel. This would result in it becoming one of the largest independent producers of renewable fuels in the southeastern United States.
VLong
by caldooninvestment
15
$VTNR Target 2.32 for 31.07% $VTNR Target 2.32 for 31.07% Or next add level is at 1.22 I didn't add here... just charting... I would love this one to hit target so I can lift up some of my slackers... — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
VLong
by SPYder_QQQueen_Trading
3
VTNR - Announcement Bullish Momentum. Can This Trend Continue? Vertex Energy, Inc. is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. The Company focuses on recycling used motor oil and other petroleum by-products. The Company's segments include the Black Oil, Refining and Marketing, and Recovery divisions. The Company's product categories include Used Motor Oil, Fuel Oil, pyrolysis gasoline (Pygas), Gasoline Blendstock and Base Oil. The Black Oil division is engaged in operations across the used motor oil recycling value chain, including collection, aggregation, transportation, storage, refinement and sales of aggregated feedstock and re-refined products to end users. The Refining and Marketing division is engaged in the aggregation of feedstock, re-refining it into end products, and selling these products to customers. The Recovery division is a provider of generator solutions for the recovery and management of hydrocarbon streams. SHORT INTEREST 1.02M 07/15/19 P/E Current -5.73 P/E Ratio (with extraordinary items) -4.77 Average Recommendation: BUY Average Target Price: 2.50
VLong
by DEXWireNews
VTNR: Vertex Energy at 2.618 fibAfter a monstrous 160% increase in the last quarter, price reached 2,618 fib. No need to chase here, even after the run was backed by super volume. Last week's bearish wick almost erased, but the volume was 1/3 less. Nice base areas little above 7 and little lower than 6$ in the daily chart, may provide an entry if intraday or day PA show buying pressure. Long term view is a beauty. A break upwards from a 6 years old base, more often than not, hints at a lot of upside in the future. Needs to cool down a bit, revisit 10MA or even 30MA, and build a healthy come back towards the 75-55$ highs of 2007 Earnings report May 13th Cheers Panos
V
by pantheo