MRO seems to be topping here at the weak fib 1.382, could struggle up to 1.618 @ $20 but starting to look less likely as it finds resistance under the trendline. Current rally likely to be wyckoff ST.
Plenty of bearish divergence on the weekly + MACD lines entangling.
Expecting a collapse back to lower trendline to hit a retracement fib depending on duration - probably sub $10.
This is in tandem with USOIL collapse.
Not advice.
Plenty of bearish divergence on the weekly + MACD lines entangling.
Expecting a collapse back to lower trendline to hit a retracement fib depending on duration - probably sub $10.
This is in tandem with USOIL collapse.
Not advice.
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