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.
snapshot
Reply
Weekly perspective of how the trade all fits together.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out