NYSE:HESM Hess Midstream LP may be forming a rounded top targeting ~$11, near where it pivoted bullish around April of 2020 after correcting from its March 2020 lows. Confluence - OBV has been dropping into the rounded top, and recently dropped sharply while bearish volume has risen as it starts to round off. Hess has been known for dividend payouts north of...
Impressive RS from this oil name with oil in deep red colors
Or so it appears. Corrective ABC, now in the final leg pre confirmation. One thing that worries is raised momentum on the latest rally. In any case, we can always form a flat and not a zigzag. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with...
Hi all, night update for stock market hesm can be bearish atm, , if brk above resistance line a bo can follow . NOT trading advise either. ##ATM=the ideas valid for ~<hour. ##upper line is resistance over=bullish, &cross under =bearish
Contextual immersion trading strategy idea. Hess Midstream LP owns, operates, develops, and acquires midstream assets. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price...
I'd give you my fundamentals on SeekingAlpha, but I will post my technical idea's here. 5.5% yield on dividend which is protected through MVC's and also a debt-free company! I think MLP's are undervalued and will be making an additional smaller cap pick within the next week. Looking for entry @ $21.00 a share with about 1.5% allocation of long-term retirement...