NYSE:MPC   Marathon Petroleum Corporation
On the chart, we can see a rising wedge holding its support, which we expect a breakout of.

Overall, the energy sector have been performing extremely well during the last year, as a result from the Ukrainian/Russian war, but has been dumped big time during the first quarter of 2023, and we therefore expect the rest of the stocks from the sector to follow this trend - including MPC.

Both RSI and MACD are showing bearish indications.

Keep in mind that the shown target is based on technical analysis only, and further downtrend is possible.

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