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Marathon Oil Sell Setup

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Marathon Oil Corporation (NYSE:MRO)  
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NYSE:MRO   Marathon Oil Corporation
Energy Commodities energystock US nyse
2
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energy energystock us nyse
As with all the other us energy stocks we have been following it has been making a corrective structure for 2016.

This appears to be breaking down as only recently MRO has broken down and out of the lower trend line.

snapshot
Our trading conditions have been met now with it breaking out and down, retesting & rejecting so this we will be making a short trade here.


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