IvanLabrie

MPC: Long term uptrend signal

IvanLabrie 업데이트됨   
NYSE:MPC   Marathon Petroleum Corporation
$MPC has an excellent long term uptrend signal at play here. If not long you should average in over 3 days at least, risking a drop to 43.42, or 3 daily average ranges down. Targets are 89.66 and potentially up to 143.09 in the long run, to be hit by or before Q4 2019.

My mentor, Tim West has been adamant about $MPC's strengt, and so far he's been right. This stock has shown relative strength, selling off less than its peers and rallying more and with lower volatility, indicating that there are some big players involved, buying in the background.
Fundamentals are great for this company, and valuation is compelling, so it's a really low risk trade.
I'd reccomend holding this and $PBF for exposure in this sector.

Good luck,

Ivan Labrie.
코멘트:

Uptrend confirmed.
코멘트:
It looks good now.
거래청산: 타겟 닿음:
Target was barely missed at the top, the current rally has been good too, but the trend expired, not so safe to be long anymore, or to buy on weakness...

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