#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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.