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tackermann6371

EPD in ascending triangle formation

Long
Enterprise Products Partners L.P. (NYSE:EPD)  
tackermann6371  
NYSE:EPD   Enterprise Products Partners L.P.
Trend Analysis Triangle Candlestick Analysis EPD Ascending Triangle breakout
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trendanalysis triangle candlestick epd ascendingtriangle breakout
Hey there!

EPD appears to be bouncing off the bottom TL with a bullish engulfing candle appearing today. Long entry with a stop loss right below bearish candle low from 5/3 at $22.77.

Look for anticipated breakage of upper TL at 23.70. First sign of R is 25.10.

Target is 27.88 with R at 26.75 and 27.50.

Not a recommendation! Let me know what you think. Thanks =]
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