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BBTrader30

MPC breakout to new highs

Long
Marathon Petroleum Corporation (NYSE:MPC)  
BBTrader30 Updated   
NYSE:MPC   Marathon Petroleum Corporation
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
MPC is looking to breakout to new highs on the daily and weekly charts from the wedge formation. Also has completed an inverse head and shoulders pattern. Looking to continue upward toward the $92 mark, with a stop loss at $83.50
Comment:
Setting stop loss to $84
Comment:
Adjusted stop loss to if market opens below $84 tomorrow, since the 9 EMA is being used as support currently.
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