Bigger Frame 1-2-3….
Those familiar with
Kevin Haggerty 1-2-3’s
mostly use them for daytrading, but they
also work out on the daily chart for swing and position setups.
13:47:41
Marathon Oil
(
MRO |
Quote |
Chart |
News |
PowerRating) is forming a 1,2,3
bottom on the daily chart. MRO is attempting to break above its 50-day moving
average. Marathon Oil is trading at 24.48 down .11.
As you can see in the
above chart of Marathon Oil
(
MRO |
Quote |
Chart |
News |
PowerRating),
the stock has moved nearly 11% off the trigger out of the Haggerty 1-2-3 bottom.
Many only see Kevin as The Daytrader on the site, but in truth, his strategies
are applicable to several timeframes, and he uses them in many of them.
Until tomorrow,
P.S. If you would like more information on Kevin
Haggerty’s strategies and methods
click here. Would you like his volatility band levels for the NDX and SPX
each morning?
Click here.