Not sure if I'd call this a double bottom or not. The middle part of the "W"seems a little higher than I understand it would be (about 20%). But it did do a clear distinct double dip with 2 sharp bounces over the last 4 months. Then this month consolidated and formed an ascending triangle and tried to break out of that last Thursday. Tested above the 100dma and the old high then closed about even with it. Friday pulled back but held a higher low above the 10 and 20dma. Looks like it could make a move next week as well as see a golden cross.
DK - SharpCharts Workbench : StockCharts.com
Delek US Holdings Inc.
7102 Commerce Way
Brentwood, TN 37027
United States - Map
Phone: 615-771-6701
Web Site:
Welcome to Delek US | delek
DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Oil & Gas Refining & Marketing
Full Time Employees: 3,692
BUSINESS SUMMARY
Delek US Holdings, Inc., through its subsidiaries, engages in the refining and marketing of petroleum products in the United States. The company operates in three segments: Refining, Marketing, and Retail. The Refining segment operates an independent refinery in Tyler, Texas. This segment produces gasoline, diesel, jet fuels, liquefied petroleum gas, and natural gas liquids, as well as petrochemicals, such as propane, refinery grade propylene, and butanes; and other products, including anode grade coke, slurry oil, sulfur, and other blendstocks. The Marketing segment sells refined products on a wholesale basis in west Texas through company-owned and third party operated terminals. The Retail segment markets gasoline, diesel, and other refined petroleum products and convenience merchandise through company-operated retail fuel and convenience stores under the MAPCO Express, MAPCO Mart, Discount Food Mart, Fast Food and Fuel, East Coast, and Favorite Markets brand names. As of December 31, 2008, this segment operated a network of 482 company-operated retail fuel and convenience stores in Alabama, Arkansas, Georgia, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. Delek US Holdings serves oil companies, independent refiners and marketers, jobbers, distributors, utility and transportation companies, and independent retail fuel operators. The company was founded in 2001 and is headquartered in Brentwood, Tennessee. Delek US Holdings, Inc. is a subsidiary of Delek Group, Ltd.