ENLCThe pair has been consolidating for sometimes creating an opportunity to buy when there is a breakout from the current consolidation.
ENLC trade ideas
ENlC Channel is up. Trend is up. Find te range and trade if. Slow moving but stock is strong. Worth parking some cash in it ! Next target 10$
ENLC BuyLooking at a day trade position on ENLC, it's following my strategy entry requirements, and it's also showing some hidden bullish divergence. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade.
ENLC 3/15/21Daily Chart Analysis:
After a lengthy continuation of a downtrend lasting around 525 days, ENLC entered an Accumulation Phase between 0.87-4.44 that lasted around 338 days. The bulls really flashed their strength during this sideways phase. To start, once finding its low point at 0.87, price goes into a descending triangle. Despite the bearish pattern (especially during a downtrend), the Bulls were able to breakout upwards. From there, price goes into an Ascending triangle with higher lows into resistance area @ 4.44. During this pattern, we also see a Golden Cross occur. Price has currently broken out from the Ascending triangle and the Accumulation phase and possibly entering an uptrend. This is my que for entry. Will look at lower time frame for entry.
1hr Chart Analysis:
Here we can see a clearer look at the breakout from the ascending triangle. After the breakout, there was a pullback and it was caught by the 50ema and an “Oversold” signal with the Stocastic. That was our “ideal” entry. The Price has since made a move towards the highs of the breakout. At the immediate short term, the price is currently a little “toppy” but with all the support in both time frames, I remain extremely bullish will be entering this trade at current price.
Entry: 4.98
Stop: 4.36(-12.40%)
Initial Target: 9.00
*I could’ve set my stoploss at 4.53(-9.0%) or trailed the 50ema on the 1hr but wanted to give it a little space so I am not stopped out prematurely.
ENLC: Ascending Triangle (87PC)Ascending Triangle (87PC)
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending but barely
ATR Ascending
R/R ratio above 14, high
200MA ascending
Cons:
250RSI below 50
Target:
PT = 9.36$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is not financial advice
Stay Humble, have fun, make money!
BUY ENLC - EnLink Midstream, LLC - STRONG BUY ON WEEKLY CHARTBUY ENLC - EnLink Midstream, LLC - STRONG BUY ON WEEKLY CHART
ENLink MidStream Homerun Long!Details in photo looks like a good buy right now after checking on a few things. My notes aren't 100% fact. Just understand that these are my personal notes and should not be taken as professional advice!
ENLC LONG @ approx 1.50Interesting cheap stock outlook
Foward looking p/e ratio of 16.28
One of the highest dividend yields of 12.80%
Barclays, Credit Suisse etc. expecting to see ENLC reach $1 and our forecast is in line with this
"ENLC" stock is flying!!!"ENLC" stock price is breaking the bearish trend . Perfect time to ride the move up.
ENLINK MIDSTREAM LLCNYSE:ENLC
Couldn't buy back the fall and fixed at buying zone.
Instrument is gaining position and confidently testing the support level.
False breakouts don't pull back up.
I leave it on a short-list for some days with an alerts.
I will wait for fixation under the level and will start to find an entry point.
ENLC: High risk - High rewardEnlink 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 go to 0. Still it has a lot of room to the upside if it manages to survive through all of world problems that are happening right now.
ENLC | Supply and Demand zones | 4h Long setup
Note: Stock trading requires a personalized trading strategy
*A method that specifies the type and amount of patience
*Entry and exit points
*Your customized psychology plan
*Risk management program based on your personality
________________________________________________________________________________________
Trading Rules:
PATTERNS REPEAT, BECAUSE HUMAN NATURE HASN’T CHANGED FOR THOUSAND OF YEAR:
To finish with a last quote of Jesse Livermore that is similar to the one we started with.
Human are the driving force behind all the trades on the stock market. Because human nature never changes, the stock market patterns will never change.
The rules that have worked hundred years ago still work in today’s stock market.
________________________________________________________________________________________
Press Like if you like it
You are welcome to share comment
Hope this is helpful, Thank you for your support, have a great day
Patience.. Patience..Today was a long waiting game for the indicators to alert me.. Then all of a sudden 3 setups come at once...
Using a combination of technical indicators and 15 min time frame I'm able to achieve a very high chance of success (profit :))
ENLC- Alligator opening his mouth to swallow little fishesLONG idea. Quiet trend up. Stop = $11.74
In at $12.48
