Subscribing to a market research website made me take a hard look at Energy Trasfer
ET as an undervalued stock on its fundamentals. Well, I had no idea that I'd pick such a terrible time for entry. Thankfully, I may be saved by Wyckoff Events and Phases for Accumulation
Check out this chart and compare it to how ET sits on a daily:
https://school.stockcharts.com/lib/exe/fetch.php?media=market_analysis%3Athe_wyckoff_method%3Awyckoffaccumulation.png
You can read more about Wyckoff events here:
school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Check out this chart and compare it to how ET sits on a daily:
https://school.stockcharts.com/lib/exe/fetch.php?media=market_analysis%3Athe_wyckoff_method%3Awyckoffaccumulation.png
You can read more about Wyckoff events here:
school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.