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Peacemaker7711
Jan 4, 2023 2:21 PM

ET Stuck in sideway trend Long

Energy Transfer LPNYSE

Description

Support and resistance have no sign of breaking at this current state, however as the 22 Q4 earnings come in we could see a more dramatic turn, estimates put it high, so we could see it go up in mid February.

Trade active

I already entered a position of 25 shares, I am down 3% however I see a positive outlook soon

Comment

Trades should also wait for the BB base to reach under the current stock price for a short term bullish outlook
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