Marathon Petroleum bearish Cypher

Short

Marathon Petroleum Corporation (NYSE:MPC)

Updated

NYSE:MPC Marathon Petroleum Corporation

Harmonic Patterns

harmonicpatterns

There is a bearish Cypher forming on Marathon Petroleum Corp. If the price runs up to $63.65, with divergence as confirmation, there might be an opportunity for a profitable short position.

Comment:

See update. This trade is at the PCZ:

MPC bearish Cypher short trade

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