Marathon Petroleum, week 8 of a buy trade at +8.77%
Marathon Petroleum: buy signal in week 8, +8.77% since entry
Marathon Petroleum, week 8 of a buy trade at +8.77%
In Summary
Marathon Petroleum is in week 8 of a buy signal that has the trade at +8.77% since entry, with the weekly structure fully aligned and ADX above 34 confirming a solid trend, even as the Energy sector stays in a weak phase. The price is hugging its all-time high, already tested 3 times: a contested level, a direct breakout is risky. With the 2nd management window reached, the stop has moved to breakeven: trade risk is now zeroed out.
IQS Phase
64
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#38 / 125
US stocks in progress
Trade P&L %
+8.77%
from signal to today
restricted Platinum content