NASDAQ:EVEP Buy limit: $1.60, Stop: $1.48, Target: $2.26 or $41% (FD: Holding units in IRA.)
Concerned about why the unit price hasn't reflected the bull case, but upside is great if this upstream MLP moves higher into March 1st earnings call. Continued drift to $1.85-1.90 through February is bearish for this PT.
Or will it break and test $1.70? Phantom Unit dilution is offsetting fundamental improvement. Which will carry more weight as earnings approaches?
Trade : xdaystogo.com Last quarter, the 9-period crossed the 21-period MA (on the 240-min chart) in a bullish manner and the stock rallied and snapped lower only to rally into earnings. I like the stock to repeat history and move toward $107 soon.
Like setup here into next week. Today's trade: xdaystogo.com
Own stock. No trading edge short-term. Trade this a.m. at xdaystogo.com
$FIT losing a near-term ~$17 opportunity? Or are the sellers exhausted?
Beautiful setup in the last hour of yesterday's trade. Meeting resistance.
Many are calling for a breakout of a longer-term ascending triangle. That formation is still in tact. However, short-term, I'm detecting a H&S top and a rising "bearish" wedge. Downside levels shown.