ET trade ideas
Energy Transfer letting it sink. ETGoals 8.8, 8.1. Invalidation at 13.7.
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
ET 15% distribution increase. LONGI've published a few ideas on Energy Transfer. Remember, this is an MLP and will require a 10-k form which can get pricey.
ET is a very liquid symbol, 50k plus contacts open currently and many more being purchased every day.
If you don't want to deal with the 10-k or don't want to hold shares of ET, a higher delta long call like $8 or $9 strike should perform in a similar fashion as owning 100 shares would.
ET has had numerous upgrades lately ~$14.00 PT
looking for a small dip, nothing crazy 🚨ET at this local resistance area, if it fails to break through look for a test of trend support.. if that trend support breaks look for my next price targets to hit.
short term price targets are 9.48-9.01-8.55, like and follow for more! 💘
Energy Transfer | Bro... 'dat Volume Holy shit. What was that buy volume on the 8th? It's the largest flow measure in either direction... ever. I haven't looked too far into it but considering that and the slight descending wedge we've entered I think we could be on the way up. Possibly in a big way.
I know I've said this before, but this time, I mean it. Promise.
my price target is $14. Anything less than $8.10 is a strong buy.
ET - Descending Trianglein long-term Im bullish but I think this triangle is signaling a touchdown. What do you guys think?
(not investment advice)
ET - Watch for Break of Uptrend WedgeWeekly Chart. Break of wedge should make it bearish for a while.
$ET nice long stockGood voumes on a strong support, good insider transfer buy... i will buy it tomorrow in open or close, t1 t2 t3 and my stop on chart
ET - Texas Energy Increasing demand$ET is looking interesting as Texas has become a centre for business (Samsung mega chip factory) and cryptocurrencies ($BTC mining 20% global hash rate) combine this with the winter and increased gas prices as a result from last winter, oh and did I mention more frequent and severe storms. This will all lead to higher natural gas and energy prices which leads to ET making a ton of money, last year in Feb freeze they made $2.5B in a few days, we like that.
This makes me super bullish on ET - what do you think?
Buy ET ( Energy transfer ) 16/11/2021You can buy ET target 10.18 stop loss 8.6
Money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
Still long ET. Pitchfork turned out to be a great indicatorI posted a chart a while back on ET hoping it would've made a higher run. I noted the buying and selling volume (vertical lines). I don't think it's going much lower than $9.00 so i'll look to swing this back to $10.00 if that pattern continues.
$8.48 or below is a great price.
EYES on ETMan I'm loving the price action of ET right now. As you could see it's stuck and a range, indicating accumulation or distribution. What I find interesting is the volume spikes at the lower end of the range. Pay attention to last volume spike. We obviously see a lot of selling volume, much higher than previous volume close to to the bottom of the range. Notice how the price never reached the support level or broke it. What this indicates to me, is that sellers are getting exhausted and the trend may take a turn to the upside. Wait for the trend to change, a break above $10.20 with some decent buying volume will be a very good indicator to go long. Keep your eyes open and set alerts.
$ET Price Headed For Spiral Keyhole9.55 has to stay as support, then magnet mode to 15.35.
21.12 and 27.71 targets would be possible target points after the $15 hit.
Long $ET CMP $9.40Long $ET CMP $9.40. Trying to claim that 50 EMA. Expecting uptrend to continue. Major resistance ~9.75 area. Possible target $11.55
ET LongTrendline break
At Support Zone
Entry 10.5
Stop 8.5
Target 13.8
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
ET downtrend may be coming to an end.Keep an eye on this for next coming days and weeks. A break above dotted yellow line will indicate buyers back in control. Soon may be time to start longing this baby
$ET clear as DAAYYYY$ET pretty clear as day, double test of 0.618 fib retracement, one pre-breakout of downtrend, one post-breakout. Currently retesting a support level. Most bought in august by lawmakers.
Energy Transfer to the Upside! ETYes indeed, broke major resistance and shot up. Now due for a local correction only, hopefully with more upwards action after. We shall see.
This is a reflection using technical analysis + only and we do not consider valuation and macro factors at this stage.
The Fibonacci targets going down 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!
neutral on ETI am quiet Neutral on ET at the moment. It showed some signs of a bounce on the 200 SMA but unless it can reclaim that 50 sma I am not bullish. strong area of resistance in coming which could create the first wave A. wave B could be a retest of the 200 SMA and wave C could be a break through of the 50 sma which will create the beginning of a new bullish trend for ET. All in affect probably mid Oct. with how this market has been all this can be invalid on any news coming from the FED or any update revolving around COVID. Good Luck everyone.
Energy Transfer LP Scheme 1DLooks like $ET is somewhere to complete the correction. At this point of time, I see a future opportunity to trade the pullback.
Gradual periodical long entries is a solution to the circumstance as price deepens into light blue area.
A more safe entry would be on a condition where price action forms double bottom pattern to ensure that bears are off the market just like in red circled area.
In green area I'd double the lot and that would be the worst case condition that might happen.
Always check $CL1! for correlation to be sure about a particular market execution when dealing with oil companies.
Double bottom in the short term. Long term target is still $18Historically, et trades at a 4-5% yield. We're still around 7%. Lots of room for compression still.
ET to make a Move to the Upside SoonThe midstream "stocks" typically move predictably with their payouts. Energy Transfer is no different and is moving to a strong upside as a payment is expected in October. There's also the considerable catalyst of its acquisition of Enable Midstream Partners which will expand $ET's already extensive pipeline coverage (~90,000 miles). Buying into $ET at its present valuation is nearly theft.
