ETRN LONG
Found these guys last night and did a little DD. Sounds like they are a natural gas transportation company who's stock has been held down because they keep delaying one of their main projects. With that being said, natty gas prices are soaring (+100% YOY) while this ticker is actually down over that period of time. Earnings coming up, and MACD looks to be crossing over, ill make a small entry at 8.80. I think I'm getting these guys at a discount, but only risking half my normal position because I do lack a little confidence in the company itself.
RISK: -9.1%
TP1: 13.6%
TP2: 25%
RISK: -9.1%
TP1: 13.6%
TP2: 25%
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