Concerned about why the unit price hasn't reflected the bull case, but upside is great if this upstream MLP moves higher into March 1st earnings call. Continued drift to $1.85-1.90 through February is bearish for this PT.
Or will it break and test $1.70? Phantom Unit dilution is offsetting fundamental improvement. Which will carry more weight as earnings approaches?
The pattern looks awesome if we can break the consolidation area...could go to 3 easly
I ll try a Long 0.68 Debt/EQ
Was today the bottom?
Daily over hourly chart for perspective