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...
$ERII setting up with a really nice base in the energy space, I'm being very selctive about $XLE and energy names due to political risk and potential commodity gluts.
I own this stock, and I'd prefer not to sell, I have to accept that price can move on technicals if there is a catalyst. Could be some tax-loss harvesting, vaccine troubles, insert reason here. RSI showing bearish divergence. Would prefer that the neckline is tested in the next month or so, at 20, which presents a good buy price to add, of course with the yield...
#ET is one of many US midstream companies. It's rather undervalued by P/S 0.32 and P/B 0.80. Not a rocket with Beta 1.10, but good enough. There might be reasons for that, otherwise this stock would be priced 4-5 times higher. We'll definitely reach the stars, but this time Target $8.25 and then $10.35 in what now looks like Wave C.
Even though it dropped by %3.51 on last Friday, there was huge volume in green and found a support at 50SMA which is a good sign to bounce back. RSI went below 50 though but it may uniform and back above. 12 months Consensus Price Target: $48.8 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on...
Enlink has made it through the last crisis, it has been around for around 16 years and it doesn't have much history, but right now we are at historical level, that we have bounced back strong from in the past. I would say the price depends a lot on the oil prices, if we see a bottom soon in oil, we could see a big jump in Enlink, but the other scenario is that we...