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Enterprise Products Partners L.P.EE

Enterprise Products Partners L.P.

31.29USDR
−0.10−0.32%
At close at May 23, 23:41 GMT
USD
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EPD trade ideas

Another Natural Gas play about to break out?With Russian gas getting more and more unpredictable for western Europe and the Trump administration wanting the US to export more oil and gas, natural gas plays are becoming a hot spot in the market. Buying here (around 33.50) and will take some profits somewhere around 36 and change and let the rest ride with a 200bp trailing stop. Div yield: 6.5% Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. The Natural Gas Pipelines & Services segment stores and transports natural gas. The Petrochemical & Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. This is not investment advice, I'm just a village idiot that likes to think out loud.
NLong
by WickLittle
Timing Mkt Entrance from RSI, Stochastic & Bollinger BandsI am eager to buy this stock because of its strong financials, its strong dividend, exemplary stewardship, and its current valuation, which is significanlty less than its fair value estimate (~$21/share current, compared to ~$29/share est. fair val.). However, due to its recent price increase I am not confident to buy this stock now because I have a gut feeling that this stock will decrease in the short-term, thus minimizing my prorfits. Furthermore, with the market being as high as it is, I would like to mitigate the effects of any impending stock market slumps. Many believe that another crash is imminent, and I dont want to be caught in a situation where I paid a price for a stock that it may not reach again for several months. This will tie up valuable income that could otherwise be used to make bargain purchases should a stock market slump occur. My analysis of this stock is as follows. I first indicated the prolonged overbought status of the RSI indicator, further confirmed by the stochastic indicator beginning in middle-to-late November. Then, I took note of the repeated top-Bollinger band penetration by the price signal, beginning in the first week of November, and continuing until mid-December. Finally, I looked at the volume oscillator to look for signs of divergence. I know that if strong upward moves are supported by a strong positive shift in volume, that the current trend is likely to continue. However, I know that if a strong upward move in price is backed instead by a strong negative shift in volume, that a price reversal may soon follow. Further to my point about volume movement, I observed that the volume oscillator's value at the close of December 11 was ~-4%, and more, that the rate of change of the volume oscillator was decreasing. This is especially apparent in the DEMA-9 of the volume oscillator signal. Since volume is an inherently noisy signal, especially in the 4h chart used in this analysis, I prefer to analyze a smoothed, DEMA-9 on the volume oscillator instead. This makes it more straight forward to assess volume movements and not be distracted by strong peaks and valleys seen in the un-smoothed signal. Thus, I anticipated that a further volume decline would ensure, despite the fact that the price appeared to be increasing rather strongly (but deceivingly so). I thus held off on buying this stock on November 24, where I began my analysis, despite my strong urge to do so given the attractive price increase. I am not certain when I will buy this stock, as the point I made about an imminent market crash is still valid. However should the price continue to decline significantly - the current decline sits at -2.3% in 3.5 hours since mkt open - it will look much more attractive to buy at that time.
N
by nicholasbdurham
EPD - Is 2023 going to be sunset year for O&G company?Weekly candle for NYSE:EPD is moving back-forth around its EMA200. This week, EPD has been up for 3++% and crossed up EMA200. In my view, there is Descending Triangles appear: Stochastic Weekly is near 50 and the formation of candles has been squeezing since June 2022. But, if moving a little bit backward to March 2021, a raising wedges pattern also appears in the weekly channel. What makes this chart interesting (for me personally), even though there is a bearish reversal pattern, I do not see any divergences in the MACD (I always look for MACD Divergence to confirm a potential reversal) for this weekly pattern. From that perspective, I believe that NYSE:EPD is going to break out upward in its Descending Triangle for a Short-Term Bullish Continuation. And when the bearish divergence occurs, it is time to get out of this stock. From the 4H Chart timeframe, we can see that currently, the candle position is at the resistance area, but at the same time just breakout EMA200 (4H). For a Speculative Buy, use EMA200 (4H chart) for a quick Stop Loss (around 0.9%) or I prefer to use $24.44 as my stop loss. Stochastic has been overbought since the end of December 2022, better wait at near support of $24.44 to get better RR for the position. As a company that works in the integrated Oil & Gas Operation, NYSE:EPD does not always have a positive correlation with Crude Oil and Natural Gas Prices. Your Trade, Your Call. Disclaimer is always ON. Do it at your own risk. I do not have possession of NYSE:EPD when this idea is released.
N
by dhimaswppr
Loss of Enterprise for EPDImmediate targets 23. Invalidation at 27. 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
NShort
by Rykin_Capital
EPD/ Enterprise Products Partners L.P./BUY AND HOLD, INFLATION Leading Us energy provider with high barriers to entry + switching cost . Directly benefits from higher inflation Bullish tecnical set up PREICE TARGET $28-$33 (Wells Fargo- Morgan Stanley- SMBC Nikko) Important note: ⚠️ All trades have risks that the investor must consider before investing. VivirdelTrading.club makes a disclaimer of any operation that may generate losses. All information transmitted by the channel, the page and the alert system is shared in good faith. There is no guarantee of 100% of the executed operations, as these are based on statistical models and assumptions regarding the past behavior of the price of a share, but they do not guarantee the same future behavior.
NLong
by Vivir_Del_Trading
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