Joel Kruger suggests this interesting Equities in his section Equities of interest :
HollyFrontier Corporation (NYSE: HFC)
The stock has been running like a well oiled machine and the fundamentals have been more than impressive. However, technically, this market looks like it could be on the verge of rolling over, with daily studies stalling in overbought territory and the market potentially carving a meaningful double top. The establishment of a short position above $45, with a stop loss only on a close basis above $46 and an objective at $42 previous resistance turned support, seems like a compelling strategy. Conservative traders may want to wait for confirmation on a break below the double top neckline which comes in at $44.
