Market_Psychology
Long

Strong uptrend for Magellan Midstream

NYSE:MMP   MAGELLAN MIDSTREAM PARTNERS L.P. LTD PARTNERSHIP
37 0 4
A weekly view of MMP             confirms a strong uptrend that began in December 2015. RSI is in a rising channel . I entered the trade at the black line and am using the red line as a stop. Price continuing to go higher and consolidate above the blue zone of resistance will be viewed as further confirmation of uptrend.
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