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.