EPD

18 Jul 2019

Hi members!

The SMF strategy forecast indicates a setup on the following pairing;
Stock : EPD, NTREPRISE PRODS PARTNERS L P
Sector : Energy
Insdustry : Oil & Gas Transportation Services
Term : Long
Rick : High
Exchange : Cboe BZX

SMF strategy would be to Buy :
Between : $29.5 - $30.5

SMF strategy would be to Sell at :
Long term:
Target 1 : $33 (10% Profit)
Target 2 : $34.5 (15% Profit)
Target 3 : $40 (33% Profit)

SMF strategy would be to set a stop loss at :
Stop Loss: $28.5

Trader Comments on the forcasted setup:
EMA and MA 200 act like support. The 100 follow behind to give momentum to continue the run after he breaking the resistance $30. Now the $30 mark will act like support.
The ADX and DI indicator is bullish.