Marathon Oil Corporation: Bullish Bat with Bullish Divergence
MRO on the intraday is showing signs of Bullish Divergence on both the MACD and RSI at the potential HOP level of a Bullish Bat. If this plays out I think it could make a move up towards $25
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Today, what has started off as being an intraday setup, has hopped over to the Daily timeframe. MRO today confirmed a Bullish Harami at the HOP level of this Bat and it aligns with Horizontal Macro Support which may result in a breakout of a greater Falling Wedge Pattern:
