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BBTrader30
Sep 24, 2018 8:55 PM

MPC breakout to new highs Long

Marathon Petroleum CorporationNYSE

Description

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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