TradingView
SeanPatin
Jul 26, 2018 8:04 PM

$MUSA potential breakout candidate - Cup & Handle Consolidation 

NYSE:MUSA1D
Murphy USA Inc.NYSE

Description

⋅
Consolidating below resistance after Cup & Handle formation. If this can push past ~79.50, next stop is ~83.50.

Trade closed: target reached

⋅
Today was the breakout that looked like it could be forming. Locking in profits, but holding a portion for a potential leg higher.
Trend AnalysisSupport and ResistanceFibonacci
More