12/04/2025 Live Update

[Cobra]

Probably another up before a pullback as illustrated by dashed blue lines.

[JFR]

MPLX

Also posted on here back in February.

Inc in 2012. Subsidiary of Marathon Petroleum. HQ in Findlay, Ohio.

The market is flat today, but some stocks are doing well.

Not recommending.

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate. It also engages in inland marine businesses, comprising fleet of boats and barges transport light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and truck transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation. -- StockCharts

[BullBear52x]

Bearish piercing candle under 38.2%, no good moonboy.

[BullBear52x]

So far the resistance zone holds, longer term view on daily S/R. intraday 38.2% is key level for bearish view.

[JFR]

Bearish piercing candle under 38.2%, no good moonboy.

Who is moonboy? Who are you shooting at?

That is your second reference to moonboy.

"To the Moon, Alice," as I often quote Jackie Gleason from his TV show.

[Trades w 2 Cats]

What is the deal with 6870.

[BullBear52x]

Bearish piercing candle under 38.2%, no good moonboy.

Who is moonboy? Who are you shooting at?

That is your second reference to moonboy.

"To the Moon, Alice," as I often quote Jackie Gleason from his TV show.

Key level to hold longs. refered to permabull. chicken little refers to permabear. just funny term for Permas. day traders all good either ways as long as the account balance is on up and up. LOL

[JFR]

Bearish piercing candle under 38.2%, no good moonboy.

Who is moonboy? Who are you shooting at?

That is your second reference to moonboy.

"To the Moon, Alice," as I often quote Jackie Gleason from his TV show.

Key level to hold longs. refered to permabull. chicken little refers to permabear. just funny term for Permas. day traders all good either ways as long as the account balance is on up and up. LOL

I started the reference "To the Moon." Time for rude nicknames on this site?

[BullBear52x]

Bearish piercing candle under 38.2%, no good moonboy.

Who is moonboy? Who are you shooting at?

That is your second reference to moonboy.

"To the Moon, Alice," as I often quote Jackie Gleason from his TV show.

Key level to hold longs. refered to permabull. chicken little refers to permabear. just funny term for Permas. day traders all good either ways as long as the account balance is on up and up. LOL

I started the reference "To the Moon." Time for rude nicknames on this site?

OK, I will not use that name calling anymore, I used to say a lot "To the moon alice" in the past. stay focus, stick to the process with a healthy stops. Peace!

[JFR]

Bearish piercing candle under 38.2%, no good moonboy.

Who is moonboy? Who are you shooting at?

That is your second reference to moonboy.

"To the Moon, Alice," as I often quote Jackie Gleason from his TV show.

Key level to hold longs. refered to permabull. chicken little refers to permabear. just funny term for Permas. day traders all good either ways as long as the account balance is on up and up. LOL

I started the reference "To the Moon." Time for rude nicknames on this site?

OK, I will not use that name calling anymore, I used to say a lot "To the moon alice" in the past. stay focus, stick to the process with a healthy stops. Peace!

Peace. The site has been excellent for years now.

[BullBear52x]

Chart for the road: Swing setup, new buy, new box, make or break. Peace!

[Cobra]

Members only update at 3:32 pm
https://www.cobrasmarketview.com/2025/1 ... ay-update/

[Cobra]

Members only update at 3:52 pm
https://www.cobrasmarketview.com/2025/1 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449397