0S23 trade ideas
invest idea EPD 10% STRONG DIVIDENDEnterprise Products Partners L.P.
fantastic dividend stock
DIVIDEND YIELD (FWD) ANNUAL PAYOUT (FWD) PAYOUT RATIO 5 YEAR GROWTH RATE DIVIDEND GROWTH
10.14% $1.78 85.98% 4.18% 21 Years
EPD LongNot sure if this is the EPD that you are in....
If so, it's in a strong downtrend and with a weak pullback. I would not be in until it established an uptrend on the daily by spending a week above $26.67
Predictable Stock, Good DividendsDid not dive too deep into the graph of this one but they seem to have a predictable pattern with very minimal growth, however, dividends remain strong and growing so I will keep for that. A low chance I will buy more unless it goes under 20.
EPD heading back to pre pandemic levels.EPD was stuck in range for 4 years before the pandemic outbreak in late Feb 2020
Fibonacci retracement of the selloff and the MACD Indicator suggest that the price will head back into range @ $25 and head north up to $29
EPD Swing Trade
Since the low around $12 on Mar 18th price has been trading a well defined upward channel.
The bottom of the channel is formed by the 20dMA since Apr 20th.
Price has bounced off the 20dMA (bottom of the channel) 7 times and never closed below it since Apr 20th. Clearly this 20dMA is offering stellar price support.
The 20dMA crossed the 50dMA on May 8th. A bullish signal.
Price is currently between 2 Fib lines: $17.65 & $19.38.
The 20dMA just crossed the $17.65 Fib line.
Vertical long call spread Next Ex-date is 4/29 paying $0.445 on 5/12
Long 100 shares ~$1,700
Long 18 call Jan_21_2022 exp
Short call each month until Jan_21_2022
Long stock gives 7 dividends (Assuming consistency)
Long call gives leveraged appreciation as well as coverage in case short call is exercised
ENTERPRISE PRODS PARTNERS _ Short
Miracles happen, but I don't think they will happen with this paper.
I'll be entering the shorts below $16.
And as usual: looking for an entry point with a very short R, as a result I will need a small movement for the RR 3.1/1
EPDInsider and institutional buying, broke resistance, waiting for slight pullback to get back in around 27.05
EPD buying for the LONG (2+ years)Buying at 28.80. Sell at red line (or keep)
My fair value for this company is 32.50
BreakoutEPD has broken out of 3 year ascending triangle.
-increased div for 19 consecutive years
-even though EPD has recovered 28% since December lows, from a technical aspect there is a fair chance the uptrend will continue.
The SP is fairly valued using YDT and slightly above fair value using DCF, but because it is a high dividend paying stock its not the best valuation method.
The current PE is 33% lower than its 5 year PE and 28% lower than industry suggesting it may be undervalued.
- Still a 4 star stock of M* and just a couple $ over the 5* price.
Any decent pullback should be viewed as a buying opportunity
EPDE, Enterprise Road Partners - Descending TriangleBullish setting in EPD - Enterprise Prods Partners. Breakout of the bullish triangle and we try to ride this trend too. NYSE:EPD
EPDHi members!
The SMF strategy forecast indicates a setup on the following pairing;
Stock : EPD, NTREPRISE PRODS PARTNERS L P
Sector : Energy
Insdustry : Oil & Gas Transportation Services
Term : Long
Rick : High
Exchange : Cboe BZX
SMF strategy would be to Buy :
Between : $29.5 - $30.5
SMF strategy would be to Sell at :
Long term:
Target 1 : $33 (10% Profit)
Target 2 : $34.5 (15% Profit)
Target 3 : $40 (33% Profit)
SMF strategy would be to set a stop loss at :
Stop Loss: $28.5
Trader Comments on the forcasted setup:
EMA and MA 200 act like support. The 100 follow behind to give momentum to continue the run after he breaking the resistance $30. Now the $30 mark will act like support.
The ADX and DI indicator is bullish.
$EPD Ascending Triangle Breakout - Bullish Options Activity$EPD Closed above $27.75 recent resistance line appearing to break out from a bullish ascending triangle formation on the daily chart. Expecting further upside from here, targeting $30 level by March. Note: ER later this week.
Adding to the positive sentiment, we saw some bullish options activity today with about 3k $20.00 strike (deep ITM) Jan 2020 call options traded today vs OI of only 702. With the stock closing today just below $28.00, these contracts going for about $8.00/share with 12 months to expiration are 1.00 delta with essentially no time value - meaning projected volatility is currently very low.
Zooming out on the weekly chart, you can see the stock has been locked in a tight trading range between $24 and $30 for the last 3+ years, so the likelihood of breaking through the $30 level is fairly low, barring some positive fundamental changes/news items.
Note: Informational analysis, not investment advice.
I think EPD will go down short termEPD has recently hit a resistance and it is confirmed with bearish engulfing candle. It also making lower high and lower low in the short term chart. It's going down slowly than I expected. My first target is around 26.50 and second target is around 25.8.
