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Diaana

ET at its IPO price and with good wedge formed

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Energy Transfer LP (NYSE:ET)  
Diaana Uppdaterad   
NYSE:ET   Energy Transfer LP
Trend Analysis Chart Patterns
12
4
trendanalysis chartpattern
ET had a very bad period with court cases on their Dakota pipeline as well. But the fundamentals dont support such discount. Plus I think that the price and the trend now are good for opening long term long possition. It is at its IPO price, it has been lower only twice and that is in 2009 and this March - the consolidation since then is going to get finished and it hopefully breaks the wedge upside.
Not trading advice. Keep safe.
P.S - I just bought some at 5,49.
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snapshot
More detailed view - action somewhere beginning to mid Oct.
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