dRends35

MRO - Collapse Incoming

Kort
NYSE:MRO   Marathon Oil Corporation
MRO seems to be topping here at the weak fib 1.382, could struggle up to 1.618 @ $20 but starting to look less likely as it finds resistance under the trendline. Current rally likely to be wyckoff ST.

Plenty of bearish divergence on the weekly + MACD lines entangling.

Expecting a collapse back to lower trendline to hit a retracement fib depending on duration - probably sub $10.

This is in tandem with USOIL collapse.

Not advice.

Next video Saturday 22 June😼.

Hodlers assume an obvious next wave up but will there be a sting in the tail💀.

Deep analysis - I keep the juicy details for my clients.

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Contact: t.me/dRends35
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