Enterprise Products Partners L.P. 5 Day Long Swing IdeaI found a good stock, and I shared my target profit and stop loss in the video. Also, I shared the screener I use alongside in a kangaroo market.
EPD trade ideas
Another Natural Gas play about to break out?With Russian gas getting more and more unpredictable for western Europe and the Trump administration wanting the US to export more oil and gas, natural gas plays are becoming a hot spot in the market.
Buying here (around 33.50) and will take some profits somewhere around 36 and change and let the rest ride with a 200bp trailing stop.
Div yield: 6.5%
Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. The Natural Gas Pipelines & Services segment stores and transports natural gas. The Petrochemical & Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX.
This is not investment advice, I'm just a village idiot that likes to think out loud.
$EPD shows a shooting-star The daily chart of EPD is rising, but the bearish pressure is strong. The candlestick chart on the daily chart shows a shooting-star pattern. Today, the price is still approaching a densely traded area within the day.
$EPD with a Bullish outlook following its earnings #Stocks The PEAD projected a bullish outlook for $EPD after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
EPD - Is 2023 going to be sunset year for O&G company?Weekly candle for NYSE:EPD is moving back-forth around its EMA200.
This week, EPD has been up for 3++% and crossed up EMA200.
In my view, there is Descending Triangles appear:
Stochastic Weekly is near 50 and the formation of candles has been squeezing since June 2022.
But, if moving a little bit backward to March 2021, a raising wedges pattern also appears in the weekly channel.
What makes this chart interesting (for me personally), even though there is a bearish reversal pattern, I do not see any divergences in the MACD (I always look for MACD Divergence to confirm a potential reversal) for this weekly pattern.
From that perspective, I believe that NYSE:EPD is going to break out upward in its Descending Triangle for a Short-Term Bullish Continuation.
And when the bearish divergence occurs, it is time to get out of this stock.
From the 4H Chart timeframe, we can see that currently, the candle position is at the resistance area, but at the same time just breakout EMA200 (4H).
For a Speculative Buy, use EMA200 (4H chart) for a quick Stop Loss (around 0.9%) or I prefer to use $24.44 as my stop loss.
Stochastic has been overbought since the end of December 2022, better wait at near support of $24.44 to get better RR for the position.
As a company that works in the integrated Oil & Gas Operation, NYSE:EPD does not always have a positive correlation with Crude Oil and Natural Gas Prices.
Your Trade, Your Call.
Disclaimer is always ON.
Do it at your own risk.
I do not have possession of NYSE:EPD when this idea is released.
$EPD with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $EPD after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 55.56%.
$EPD$EPD part of the oil/gas bull market... broke out of this trendline, looking to break above that zone from 2016-2019.
SELL EPD STOCKVery clear uptrend breakout signaling a good sell setup in EPD stock, wait for New york open to see how the volume goes.
$EPD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $EPD after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
EPD about to breach resistance levelsstock EPD looks like its on its way to breach the FIB resistance levels and go on an uptrend.....any ideas?
Loss of Enterprise for EPDImmediate targets 23. Invalidation at 27.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
EPD - 4.60% Potential Profit - Bullish PennantLove the risk / reward ratio on this trade.
- Target Entry: $23.95
- Target Stop Loss: $23.75
- Target Exit: $25.08
- Risk / Reward Ratio: 5.65
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
EPD/ Enterprise Products Partners L.P./BUY AND HOLD, INFLATION Leading Us energy provider with high barriers to entry + switching cost .
Directly benefits from higher inflation
Bullish tecnical set up
PREICE TARGET $28-$33 (Wells Fargo- Morgan Stanley- SMBC Nikko)
Important note: ⚠️ All trades have risks that the investor must consider before investing. VivirdelTrading.club makes a disclaimer of any operation that may generate losses. All information transmitted by the channel, the page and the alert system is shared in good faith. There is no guarantee of 100% of the executed operations, as these are based on statistical models and assumptions regarding the past behavior of the price of a share, but they do not guarantee the same future behavior.
EPD: ascending triangleI'd anticipate it breaking out higher based on EPD's fundamentals, but with the background mood of the market at this exact moment (a growing feeling that with non-stop record-breaking highs we've got to be nearing a top), it might actually breakdown lower. Also, EPD's flagging momentum gives a breaking-downward feeling despite its overall bullish trend. We shall see...
Enterprise Products PartnersChart pattern: Ascending triangle
Entry: Closing price above 23.71$
Stop: 21.68$
Target: 27.67$
Stopmanagement: ATR Stop daily chart default settings
Risk/Reward-Ratio: 1.8
EPD in ascending triangle formationHey there!
EPD appears to be bouncing off the bottom TL with a bullish engulfing candle appearing today. Long entry with a stop loss right below bearish candle low from 5/3 at $22.77.
Look for anticipated breakage of upper TL at 23.70. First sign of R is 25.10.
Target is 27.88 with R at 26.75 and 27.50.
Not a recommendation! Let me know what you think. Thanks =]
BREAKOUT OF TRIANFLEThe stock hold EMA 20 and 50 and making triangle. I will enter into a long position on a break above the resistance. Stop will be under EMA50
Head and Shoulders and MACD looking a little bearish. Tread line must hold however, MACD is creating downward pressure. Possible head and shoulders. Going long once it goes to the green support line. You also have a bearish divergence with the indicators.
