Long-term downtrend in Master Limited Partnerships

MLPA price action suggests midstream energy MLPs may be developing a new uptrend.

Commento:

Squeezing up to resistance at $44 (3/1/2023)

Commento:

Hit $44-ish for fourth time in 13 months... still squeezing (7/20/2023)

Trade attivo:

New 52-week high as price closes in on $45

Trade attivo:

Resistance level broken.
Next likely resistance level between $48-$50.

Commento:

Beyond $50, next resistance level at $60-$63.

Trade attivo:

$46 broken
Yield is still over 7.5%

Ordine annullato:

Broke Below Trend
Looks to retest $43-$44