The last time this stock showed a hammer, it had heavy volume and a pretty big uptick. We'll have to wait to see if it responds this way today.
This stock pays a hefty 10% dividend while also appreciating in value... nice double win.
Looking for confirmation of a hammer candle. I've dropped into this stock back when it was ~19 and I'm looking forward to a juicy 9% dividend.
Nice steady growth, with a great dividend.
USAC has traded very predictably around its payouts. The predominate reason for this (I think) throughout 2020 and 2021 was the uncertain ground USAC rested upon concerning the sustainability of their 14%-12% yield. There was reasonable fear they could be in breach of their debt covenants, resulting in an immediate suspension of their dividend by creditors to...
Goals 16, 15. Invalidation at 19.
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...
We recommend to take a short position as the price is currently at the resistance and the higher boundary of the Keltner Channel. Moreover current market conditions RSI and Stochastic are favouring bears and we expect it to go down towards the previous resistance which should be acting as a support.
Entry and target are shown in the chart.
No financial advice.
USAC stayed down longer than I'd thought but this week was a complete breakout. My options printed very nicely and, since I'm a firm believer in profit taking, I took them. I still think there's further up to go. We may see the mid $18s.
The only reason I can think for this sudden change of trajectory was the raising of a price target (the firm's name escapes me)...
USAC's sell-off is nearing a close, in my view. Strong buy time and I'm entering that trade with calls and unit purchases. I'd expect another rise to around $17.50 per unit once the sellers are satiated. It's interesting to see these sparsely traded MLPs rise an fall so predictably.
*not investment advice*
The short position I entered at the end of last week played out nicely. current volume and price action is (I believe) caused by the closing of short positions and the equity has further sell-off before we reach it's bottom. I'm looking at a bottom near or around the mid-low $15. Anything below that and I'd consider a strong buy.
*not investment advise. do at your own risk*
With the distributions being so concentrated for USAC it trades very predictably around its payouts. The equity saw a fairly sharp climb to current levels where it's found what I think is it's maximum price for now. Looking at the apparent topping pattern from the past couple days I don't think investors are wanting...
Triangle correction (A-B-C-D-E)
Possible Wave 4 correction
Target: 16.50
All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice.
![USAC: BUY USA COMPRESSION PARTNERS | [$USAC] | 11.15.2020](https://s3.tradingview.com/s/SGG6l7WA_mid.png "BUY USA COMPRESSION PARTNERS | [$USAC] | 11.15.2020")
