Subscribing to a market research website made me take a hard look at Energy Trasfer
ET
as an undervalued stock on its fundamentals. Well, I had no idea that I'd pick such a terrible time for entry. Thankfully, I may be saved by Wyckoff Events and Phases for Accumulation
Check out this chart and compare it to how ET sits on a daily:
https://school.stockcharts.com/lib/exe/fetch.php?media=market_analysis:the_wyckoff_method:wyckoffaccumulation.png
You can read more about Wyckoff events here:
school.stockcha...ts.com/doku.php?id=market_...
ET
as an undervalued stock on its fundamentals. Well, I had no idea that I'd pick such a terrible time for entry. Thankfully, I may be saved by Wyckoff Events and Phases for Accumulation Check out this chart and compare it to how ET sits on a daily:
https://school.stockcharts.com/lib/exe/fetch.php?media=market_analysis:the_wyckoff_method:wyckoffaccumulation.png
You can read more about Wyckoff events here:
school.stockcha...ts.com/doku.php?id=market_...