cbud
Long

STON Short setup into a major low and longer term Bull rally

NYSE:STON   STONEMOR PARTNERS L P
I was researching STON             for a longer term ownership and partnership payout with a healthy yield.
Yes, it is an LP so it has all the pass through profit and tax implications along with dilution for new issues.
However, if there are a LOT of Baby Boomers and it could be a serious high cash yielder in a dividend portfolio.

If you're EW savvy, I believe there's an Ending Diagonal on the daily setting up a short at 25.51 and then into a long at 20.60 with potential for serious cash yield farming for a substantial period of time of over 3 years. Maybe indefinetely depending on how the market unfolds.

Will post a weekly chart in comments also.
Truth is what happens in the real world; not necessarily words from a book.
cbud
6 months ago
Weekly perspective of how the trade all fits together.
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cbud
6 months ago
snapshot
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