cbud

EPD in an interesting 3 wave position

Largo
NYSE:EPD   Enterprise Products Partners L.P.
1
I do not know what this business does, but it showed up 2 weeks ago on a scan so I've been following it.
It appears to have developed an interesting Expanded Flat pattern with 5 waves in the wave C down.
Some oscillator divergence showing, and inside relevant channel lines (Green).

A small move down this next couple days and then a Bull pivot as drawn in Pink.
Trigger long IF divergence stays in place and After the micro wave 5 down and Descending trendline break and move back into the Green channel.
Perhaps trigger at 26.66 long with a stop wherever the low comes in near 26.20.
Leaves enough room for a target up to 29.00.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.