Murphy Oil is in a consolidation pattern at the high of a very bullish run
Bullish Scenario: MUR clears 67.07 heading for target area at 73 and extends the move
Bearish Scenario: a failure of 65.70 would indicate the possibility of further selling as it pulls back towards support in the 60 area
Bullish Scenario: MUR clears 67.07 heading for target area at 73 and extends the move
Bearish Scenario: a failure of 65.70 would indicate the possibility of further selling as it pulls back towards support in the 60 area
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