the daily chart of this market shows that it will experience a downtrend in the coming days with a high probability but at the same time you have to be vigilant of the change from the direction to the opposite
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Follow from previous post. It looks to me that we have had a side ways consolidation. (triangle in this case). We have a positive reversal in the daily RSI. Often in a H& S formation the two sides are about the save time length (horizontal arrows) which we have now. Target box given. Process your way.
Nice looking inverse head and shoulders. Maybe the 6th try to break up will work. Could use any close below the up channel as a stop. My personal target is around 148.
Murphy USA Inc. is a leading independent retailer of motor fuel and convenience merchandise in the United States. The El Dorado, AR-based company, in its current form, came into...