Long-term downtrend in Master Limited Partnerships

MLPA price action suggests midstream energy MLPs may be developing a new uptrend.

Comment:

Squeezing up to resistance at $44 (3/1/2023)

Comment:

Hit $44-ish for fourth time in 13 months... still squeezing (7/20/2023)

Trade active:

New 52-week high as price closes in on $45

Trade active:

Resistance level broken.
Next likely resistance level between $48-$50.

Comment:

Beyond $50, next resistance level at $60-$63.

Trade active:

$46 broken
Yield is still over 7.5%

Order cancelled:

Broke Below Trend
Looks to retest $43-$44