cbud
Long

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

NYSE:STON   STONEMOR PARTNERS L.P. COMMON UNIT REP LTD PARTNERSHIP INTERESTS
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
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out