Começar
TradingNeophyte

MPC: Potentially Fake Bearish Head & Shoulder Formation

Viés de alta
Marathon Petroleum Corporation (NYSE:MPC)  
TradingNeophyte  
NYSE:MPC   Marathon Petroleum Corporation
Chart Patterns Technical Indicators Fundamental Analysis
0
0
chartpattern indicator fundamental
MPC is forming the right shoulder of a Head & Shoulders trend reversal pattern.

Company in its latest earnings call has $9B planned for stock buyback at opportunistic prices. The buyback should mitigate downward trend as indicated by bearish Head & Shoulders pattern. Price should breach the previous shoulder high of $60.02.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.