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$. Still needs to break the 70$ resistance to confirm (Top right).
The sector graph (Energy, bottom right) is building into an ascending triangle (not confirmed). It still has to break through resistance level at 460$ to confirm uptrend. If confirm, the sector as a whole may see a 77% increase. This, if confirm, will help MPC hit the price targets. Watching for now until a clear break in the sector shows.
Stay humble, have fun, make money!
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$. Still needs to break the 70$ resistance to confirm (Top right).
The sector graph (Energy, bottom right) is building into an ascending triangle (not confirmed). It still has to break through resistance level at 460$ to confirm uptrend. If confirm, the sector as a whole may see a 77% increase. This, if confirm, will help MPC hit the price targets. Watching for now until a clear break in the sector shows.
Stay humble, have fun, make money!
Dagangan ditutup: sasaran tercapai
Hope some of you guys had this stock in you portfolio. It filled 100% of all targets I had prepared. May be done for now though.Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.