Rykin_Capital

Marathon oil in Green. MRO

Long
NYSE:MRO   Marathon Oil Corporation
C Wave confirmed and we are looking at the most likely extensions and Fib points of convergence. We believe this one is going to rise in the near future given the probabilities. Check DMI, Jurik's RSI for technical evidence of the fractal picture we are suggesting.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Trade closed: target reached

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