CHIEF_MACRO

SELL Marathon Petroleum Company

Short
NYSE:MPC   Marathon Petroleum Corporation
Consistent with our overall view of the market, and in particular - the oil & gas space - MPC is showing us a great risk / reward setup for a SHORT.

How deep this thing will go, I cannot say - so there is no particular target in mind right now. Nonetheless, we will continue to monitor and provide updates when necessary. For now, Marathon Petroleum can be shorted and considered a low risk trade.

Take care! God bless!




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.