MPC Stock Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse MPC on April 23, 2024, netting in a 11.97% gain over 3 weeks

A.I.dvisor
at Tickeron.com
05/15/24
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+11.97% Gain from a Successful pattern Cup-and-Handle Inverse
MPC - MARATHON PETROLEUM Corp
Ticker: MPC
Company: MARATHON PETROLEUM
Gain from shortening: +11.97%
Confirmed: 04/23/24
Succeeded: 05/14/24
Total length: 22 days
On April 22, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for MARATHON PETROLEUM Corp (MPC, $198.25). 1 day later, on April 23, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 14, 2024, the stock hit the target price of $172.93 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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MPCDaily Signal changed days agoGain/Loss if shorted
 
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General Information

an operator of petroleum product refiners, marketers and transporters

Industry OilRefiningMarketing

Profile
Fundamentals
Details
Industry
Oil Refining Or Marketing
Address
539 South Main Street
Phone
+1 419 422-2121
Employees
18200
Web
https://www.marathonpetroleum.com