ShakeShakeLeg

Life is a Marathon. Add oil!

Long
ShakeShakeLeg Updated   
NYSE:MRO   Marathon Oil Corporation
What I see...
+ Prices bounced off of 10ma to form a hammer on higher volume
+ Bollinger is tightening
+ RSI is turning upward
+ MACD is flat but in bullish territory
+ Low price stock

- 0.316 Fib has been serving as Resistance
- Close price is a bit far from MA

What I setup...
+ Long entry above Last week's high
- Stop under today's low
+ Target at the next fib level
:: Duration - 2 weeks

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