Not so silly of a post now MLPL down to about 36. 20's not to far away
Did it break 54.04 convincingly not even close read it again moron. Resistance and support are extremly important in technical analysis.
over 4% we ar deinetly going much lower there just is no need to own now will buy in the 20;s
MWE getting crushed today. I think many longs care about as many ideas and perspectives and information they can get on thier stocks including technical analysis. If you don't use technical analysis it is always better to have as much info as possible so you can make the correct calls on a position wheather you are long or short.
How come when somebody gives you a short perspective on a stock it's spreading fear
you know you can short or buy put options right are you thatt thick skulled you think you can only make money on the long side. I guess moron's always exist on theese boards.
Also the right shoulder is lower than the left shoulder which makes this head and shoulder pattern look really ugly and bearish.
54.04 then we will head all the way down to 36.15.
Not sure of the target price yet but if we follow EPD and MWE we have a long way to go the yield is way to low for this stock as rates will eventually rise and that is what will put pressure on this stock.
All MLP's breaking down ETP especially EPD is not being spared either projection EPD to fall to at least 24.20 before this is over based on the neckline and head of the head and shoulders topping formation.
buy the dip sell the rip
Were moving big time now not sure why it was,nt much higher before looks like they waited for the merger they could have had ETP at much lower prices, but still yielding at least 6.7% right now not much better out there for a company who has never cut it's distribution.
Oil is going up and the pipeline MLP's are going up big time don't miss the boat.