akillam1

MRO - Call Opportunity

Long
NYSE:MRO   Marathon Oil Corporation
MRO had a run up from 14.50 all the way to 22.00 from March to May 2018. Since it has been consolidating between 20-22. This has formed a longer term potential bull flag. Strong resistance at 22, and moderate support at 20. Try to catch one last dip from 21-21.50 with hopes of the bull flag break out. If this doesn't pull back to 21.00 then we can look at playing the break of 22 for a potential multi-day run to 24+.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.