timwest
Long

Time for a Marathon - MPC - Daily - Pullback towards support

NYSE:MPC   MARATHON PETE CORP
227 5 8
MPC             pulling back to find support somewhere and with a key level at 82.5, I'm tempted to buy here with a stop a bit lower than the 82.5 key support. I will also enter some at the 82.50 level with a much tighter stop.

I'm also looking for some longs after the market decline and this stock is one that I am comfortable with. I will also be adding to DNKN             down here too.

Tim 9:45AM EST Fri             , Sep 26, 2014 84.15 bid

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2use
2 years ago
Adding you mean today, or once you feel the decline is over?
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timwest PRO 2use
2 years ago
It looked close enough for me. Added today 1/2 position.
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timwest PRO 2use
2 years ago
Also, crude oil bottomed over 10-days ago and I find Crude oil can be a leading indicator. I'll see if I can add that to the chart and republish, if necessary.
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timwest PRO 2use
2 years ago
Crude oil in purple (scaled to the screen)
snapshot
+1 Reply
2use timwest
2 years ago
Thanx!
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