Marathon Oil Regaining Momentum.

Marathon Oil was a nice steady runner throughout the last 12 months pre pullback with the wider market. It's back up above its 20 day moving average and showing signs of regaining some of its momentum.

Just keep an eye on earning due in the next couple of days and see which way the stock reacts depending on the news.

One to watch.

Commentaire:

How To: Risk Management - A Trailing Stop Loss of 19% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.

Commentaire:

Ended up dipping on Earnings and then again on Dividends. Back to where it was so could be interesting again.