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BAC
Nov 19, 2014 12:51 PM

MPC Long

Marathon Petroleum CorporationNYSE

Description

Let’s consider the idea to buy Marathon Petroleum Corporation (MPC). It is worth to take into account not only technical analysis, which shows that a rather interesting pattern is formed. Those trading this security already recorded exit from the pattern, so now return to the level of 92.89. Potential of upward movement is 15$ per share, and from a fundamental point of view securities are undervalued in the sector. I recommend to enter position from the level of 92.89 and higher.

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