Technical Analysis on Murphy Oil Corp. (MUR)
Wednesday, October 19th, 2022
In this Wicked Stocks video analysis, we examine Murphy Oil Corp. (MUR), presently testing long-term resistance able to absorb buying pressures through Q4. From here, (MUR) is vulnerable to price decline to channel support, eliciting losses of ~30% over the following 1-2 months. Inversely, a settlement above long-term resistance would indicate a buy signal, eliciting potential gains of ~20-30% over the following 3-5 months.
Our most recent premium analysis is on Amazon.com Inc. (AMZN). We also have an analysis on Penske Automotive Group Inc. (PAG).
Here is our daily Tesla Inc TSLA analysis.Â
Check out our weekly analysis on the Nasdaq-100 Index, or the SP-500 Index, as well as the U.S. Treasury ETF.
You can view our previous daily QQQ analysis by clicking here.Â
You can view our most recent SPY analysis video by clicking here.
If you have any questions or suggestions feel free to comment below.
Leave A Comment
You must be <a href="https://wickedstocks.com/wp-login.php?redirect_to=https%3A%2F%2Fwickedstocks.com%2F2022%2F10%2F19%2Fmurphy-oil-corp-mur-2%2F">logged in</a> to post a comment.