Entry: $47.16 Target: $51.00 Stop Loss: $46.00 Risk/Reward: 3.31
AMLP - Long Term Ascending Triangle ready to explode up in 3-5 months. Looking for confirmation from others.
No issue here , but still needs find defo bottom to add to my position (long)
Everyone knows that $XLE has been out performing for the last two years. If you missed the move here's an opportunity at a new comer to the breakout in energy, $AMLP. This ticker is an ETF that tracks a basket of MLP stocks. It's concentrated at just 17 holdings and its currently boasting a yield of 7.4%. The monthly chart looks a lot like its cohorts in the...
Alerian MLP ETF risks falling to 2021 low ETF Alerian, after updating the two-year high of $42 per contract as part of a long-term uptrend, began a rapid flight to the $30 support level, breaking through the trend line of the two-year uptrend channel. The current downward dynamics of Alerian's decline puts investors in a stupor, the presence of gaps only confirms...
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