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One energy stock is set to soar, according to a top technical analyst

From Rebecca Ungarino, CNBC [1]

After a blockbuster start to the year, energy stocks have been range-bound. But one top technical analyst says a group within the sector is poised to charge higher.

Oil refinery stocks look particularly well-positioned, according to Ari Wald, head of technical analysis at Oppenheimer. He gushed about one refiner within the group, Andeavor, in a recent note to clients, "What a Great Chart: Buy ANDV."

[2]

He explained on CNBC's "Trading Nation" why he's so bullish on refiners, and on Andeavor in particular. Here's what Wald said.

Bottom line: Oil refinery stocks, and specifically shares of Andeavor, should see continued upside, according to Wald.

From CNBC [1]