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Marathon Reaches Intermission

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NYSE:MPC   Marathon Petroleum Corporation
With an overlapping wave structure since its inception, Marathon has seemingly finished Wave 3 of its apparent diagonal wave. With Wave 3 being longer than Wave 1, it should also be expected for Wave 4 to be longer in price length than Wave 2. This makes it very probable for share price to see a 50% shave over the next couple-few years. A drop below the yellow line is nearly mandated currently (unless a new all-time high is secured). Holders should look for the most suitable exit in order to avoid more losses than necessary.

(Wave analysis has been redacted from this marking however, wave-by-wave analysis will be tracked via link in bio).
Bình luận:
could/should be stuck below ATH @ $114 for the next couple of years..


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