AMLP - Swing Trading Setup - 9% Potential ProfitEntry: $47.16
Target: $51.00
Stop Loss: $46.00
Risk/Reward: 3.31
Key stats
About Alerian MLP ETF
Expense ratio
0.85%
Home page
Inception date
Aug 23, 2010
AMLP seeks to invest in energy infrastructure MLPs, selected by distributions. The companies listed in its market-cap-weighted index earn majority of their cash flow from midstream activities involving energy commodities. Structured as a C-corporation, the fund allows full allocation to MLPs, unlike traditional ETFs that can only hold 25% of their portfolios in MLPs. However, this structure introduces a layer of taxation that prevents it from passing through the full return of its underlying index. Therefore, AMLP provides diluted exposure to its MLPs. This, however, benefits shareholdersmost distributions are tax-deferred, similar to the underlying MLPs and in contrast to ETNs. The underlying index is rebalanced every quarter.
Classification
What's in the fund
Exposure type
Industrial Services
Distribution Services
Stock breakdown by region
$MPLX #MPLX looks like reaching bottom No issue here , but still needs find defo bottom to add to my position (long)
A New Long Opportunity In Energy: $AMLPEveryone 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
Alerian MLP ETFAlerian 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 decl
#AMLP-Thank you for reading this idea! Hope it's been useful to you.
-Remember this analysis is not 100% accurate.Use it with your own risk.
-Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge
Alerian MLP ETF (AMLP) Symetrical TriangleAlerian MLP ETF (AMLP)
A symetrical triangle is shown, between 26 and 29 oct 2018. Is a continuation pattern; trend lines are touched by the chart two and three times (see arrows) . At two thirds of the triangle, a breakout ocurred, continuing the previous trend (bearish).
SYMMETRICAL TRIANGLE on AMLPThe ALERIAN MLP ETF chart, in a 1D timeframe, has formed a symmetrical triangle. This pattern depends on the break, if the break is in the top line of the triangle (following the green arrow) it is recommended to open a long position, on the other hand, if the break is in the lower line of the t
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.