LoveForCharts

GPP : Buy setup above break of $13.6

Long
LoveForCharts Updated   
NASDAQ:GPP   None
Green Plains Partners

Green Plains Partners LP provides ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses. The company was founded on March 2, 2015 and is headquartered in Omaha, NE

Some fundamental characteristics:

1. Sales of $ 82 Mil
2. market cap of 311.19 Mil
3. P/B : 0.52
4. P/E : 5.24
5. P/Forward Earnings : 4.23

Stock looks good on multiple timeframes. Stock Is trading above its 20D MA, and 200DMA on Daily, weekly and monthly TFs. Price has just moved over its 200 period moving average on Weekly charts (bullish). price set up for bullish moves, if it takes out 13.58 and closes above with other confirmations, look for a target of $15.3 on the charts.
Comment:
lovely break and great multiple entry opportunities presented. 10% gains already in a span of a few days!
Trade closed: target reached:
Target achieved
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