HollyFrontier Corporation (HFC) is on our radar this week, declining nearly 8% in recent sessions. We believe the chart suggests there is underlying technical support, and the medium-term fundamentals suggest a renewed runup is likely in shares from present levels. We're keen to scale into the name under $70. We believe the stock is still reeling from the company having some unexpected downtime in Q2 , which resulted in a miss versus expectations on the earnings front. However, based on our modest projections in oil and gas pricing, limited capacity increases in coming