Buy $MPLX [NYSE: $MPLX] | 5.1.2020 | Eric Choe

1 mag 2020

Reasons:
EMA trend
.618 technical buy-level
Stochastic RSI 1-hour timeframe and 15-minute timeframe is resetting
RSI is bullish above 50

Risks:
Earnings report in a few days
Expansion currently - can dip and break trend at any moment
S&P and other indices are close to breaking lower

I'd appreciate a like and comment to encourage engagement across our community.

My name is Eric Choe.

I am a professional trader with over 7 years of equities and cryptocurrency experience.

I've worked at an energy trading company, a Fortune 500 company, and one of the top management consulting firms in the world.

I left my high-paying salary as a management consultant in early 2018 for a career in investing and trading.

I've been a full-time equities trader ever since.

I give detailed analysis on TradingView.

Over the past 7 years, I've dedicated my time and effort to helping others learn about the financial markets.

All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice