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$MPC Breakout Opportunity
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Marathon Petroleum Corporation
(
NYSE:MPC
)
BpowersCLT
NYSE:MPC
Marathon Petroleum Corporation
Support and Resistance
Trend Lines
options
2
0
supportandresistance
trendline
options
$MPC is bucking the oil-down trend and has broken out above prior resistance (cyan line). Now, $MPC may run up into earnings on 7/25 to about 60. A standard vertical call spread is a great way to play that chance without taking much risk at all.
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