MRO on the intraday is showing signs of Bullish Divergence on both the MACD and RSI at the potential HOP level of a Bullish Bat. If this plays out I think it could make a move up towards $25
Note
Today, what has started off as being an intraday setup, has hopped over to the Daily timeframe. MRO today confirmed a Bullish Harami at the HOP level of this Bat and it aligns with Horizontal Macro Support which may result in a breakout of a greater Falling Wedge Pattern:
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.