Marathon Petroleum Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Marathon Petroleum Stock Quote
- Double Formation
* Start Of (Anchored VWAP)) At 50.00 USD | Completed Survey
* Wave Feature On Uptrend Bias | Subdivision 1
- Triple Formation
* 188.
Key facts today
Wolfe Research increased its price target for Marathon Petroleum (MPC) to $170 from $165, maintaining an overweight rating and a mean target of $157.94.
MPC eyes on $150/151 for Higher Low so maybe Bottom ConfirmationEnergy sector got a boost from Trump win.
MPC trying to paint a bottom with higher low.
Fibs paint clear entry, stop loss, target options.
$ 150.10-151.41 is the key support right now.
$ 142.48-143.17 is support below, a bit away.
$164 then 182.38 will be the first two targets.
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MPC eyes on $167 above, 157 below: Genesis fibs and key rangeAll three levels are from a single fib set, the Genesis Series.
All humans/bots/indi's have recorded the recent reactions.
So a break of either side will say a lot to a lot of traders.
And that is how even the "fib-blind" evenaully do see them.
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Big Oil Looking Weak! | Marathon Petroleum - $MPC SHORTProfit-taking & Market-making 101.
A Myth : Fossil fuels are scarce.
A Hoax : Green jobs, green energy, climate change, tesla (yes, with a little "t").. it's all a HOAX.
It is important to understand that all of this rhetoric around "re-tooling" our economy to accommodate "green peace" is deep
Ichimoku Cloud StrategyLooking for a lagging line bounce from the bottom of the inside of the cloud. We are also at a good level of support. But it could be a head and shoulders pattern. Still trying to get better at recognizing patterns. Regardless, if the lagging line goes through the cloud underneath it, we will be in
MPC NYSE:MPC is a fantastic company, but is falling with the rest of the energy sector.
Starting with the weekly chart: Its fallen out of the 12 month regression channel and is at the middle of the channel from where its uptrend began in the fall of 2020. The composite index is at the 3rd most overso
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