Joel Kruger suggests this interesting Equities in his section Equities of interest :
Marathon Petroleum Corporation (NYSE: MPC)
This stock looks like it could be getting well in front of itself after smashing through some rising channel resistance and going parabolic. Technical studies are just too overbought at this point to ignore, and the risks from here are for a retest back to the previous channel resistance now turned support around $70. The daily RSI has recently traded around an earth shaking 90 level, and it is almost impossible to see this market any higher before the onset of a sizable correction. Look for Monday’s bearish doji close to trigger the start to a major pullback.
