TSO Update

This is a position we made some money in. It just broke out to new intraday highs, I am a little concerned about this being a vlid move, however it could be traded long with a very tight stop around $26.83 and on the other hand, if it fails to close above that level, it may turn into a nice false breakout move which could be played on the short side. Typically false breakouts reverse fairly fast and deep so either way, the trade is worth keeping an eye on.