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Strategies & Market Trends : Wolfgangrene's charts
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To: wolfgangrene who wrote (3941)5/7/2019 1:10:17 PM
From: bostma  Read Replies (1) of 3976
 
Of the three, MMLP looks like it might have the most potential for a rebound? There is a gap and its ADX is highest, it has gone up a little bit since you posted, and may be leveling off?

They announced bad earnings last week and cut the dividend in half, so that should clear the deck for any more bad surprises anytime soon, so hopefully it is down to last week's bomb working its way through the chart and letting the pincher do its thing?

BTW, MMLP went ex-dividend of 25 cents today, so not much of a drop for the day.
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