A very well run company that has not slashed dividends... has little to no debt and is a leader within the MLP industry.
This is a long term buy and hold for me... I will reinvest dividends to cost average down if we fall more.
Ryan
I consider ascending or descending triangles among the more reliable patterns, but failures of these patterns can be quite good too. EPD has formed a descending triangle on the short term, but is also finding support at the uptrend line on the monthly.
It also coincides with a similar support level on oil spot price.
Coupled with good fundamentals, a long on EPD...
