Marathon Petroleum Corporation MPC

Bixley

MPC has formed a little and a larger inverse H&S both along an uptrend in green Using this Inverse H&S assumption we can conclude that price will return to the green trend line to form the right shoulder of the larger H&S

ShortSeller76

$7 a gallon gasoline here in California, layoffs have begun, 6.5-7% interest rates on a 30 year mortgage, demand will slow as the layoffs pick up speed and worldwide slowdown has begun. Too many have been crowding the energy trades and longer term oil will be much lower. MPC has experienced a dead cat bounce likely nothing more....

The-Trend-is-the-Friend Pro

MPC (along with all refiners) appear considerably cheap to replacement value. MPC's chart pattern indicates it has placed in an upward sloping wedge formation. PetroChina building refining capacity to the tune of $70,740 per refined barrel. This is above the industry average of $32,800. With these new figures in place, industry replacement value offers a...

pangx623 Pro

1 1/2 month H&S bottom bullish pattern. Pull backs light and normal. Today's print is a hammer candle. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie

eric_melt

MPC has rebounded strongly from pullback to 50% Fibo at 82.27. Potential upside if breakout and stay above trendline @ $83.21. Looking at multiple profit levels upside. Potential TP @ 89.71 / 96.54 / 102.98 / 104.7 / 109.27 / 112.52 and 114.06 Disclaimer

EPSMomentum Premium

The PEAD projected a Bullish outlook for $MPC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.

ShortSeller76

Purchased 110 July 8th $110 puts. Overbought on many daily/ weekly indicators including weekly rsi of 90!!! 95 stochastic, to Bollinger band pierced.

cdarbonne3344 Pro

gapping up premarket.. don't chase.. wait.. maybe an ORB.. or a pull back back to where price has been before..

Airecap_Super

Desicion to Buy. Entry Price = $77.80. Target Price=$79.30. Stop Price=$76.30

Moshkelgosha Premium

Entry: at the opening price Stop loss: 74.7 Reward/Risk: 2 Target range: 88-90 Time Frame: 1-2wks Possible gain: 10-15% Possible loss: 5% Position size: % of trading capital You can see the most important support(green line) and resistance (red line) levels. Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified...

Airecap_Super

Desicion to Buy. Entry Price = $77.70. Target Price=$79.20. Stop Price=$76.20

OrcChieftain Premium

This energy stock is nearing its previous month high where a gap also nests. Both could be used for a bounce. Especially if the oil prices continue in the current direction which I believe in.

RiderTrader Premium

Strong Relative strength. making highs with volume Similar to $COP

mthompson45 Pro

Large Volume of Big Money Calls in the $71 and $72 Strike Calls expiring on 1/14. Some were placed after the Market closed yesterday but the large bulk of them were just placed. This is not trading advice, just reporting on large call volumes.

LeLaf Premium

MPC (Marathon) following the overall trend in energy stocks. this particular stock is part of the S&P energy sector index. The daily graph shows a confirmed ascending triangle with price target of 106.93$ (Left graph). The weekly chart shows another ascending triangle on the weekly (not confirmed) with price target of 138.82$. Still needs to break the 70$...

HolleyIG Premium

MPC primed to go back to ATH over the next year. MPC continued its trend of beating earnings 4 quarters in a row. Even though this time it was slightly less than expected, the stock dropped slightly, but only to the next Fibonacci level, which also happens to be the lower bound of the parallel channel it finds itself in. Some positive momentum and a high oil price...

Ceddy86 Premium

Trend Analysis The main view of this trade idea is on the 2-Hour Chart. The stock MPC appears to have broken out from a symmetrical triangle setup, with the resistance line making lower highs of 65.30 and 60.50 and the support line making higher lows of 50 and 53.30. The stock broke 2 levels of resistance, one at the resistance trend line of the symmetrical...