Tuesday, April 18, 2006
Two charts to show you...one above is the Atlas Pipeline Partners weekly chart. Below is the daily chart. For all the agony one is seeing on the APL Yahoo message board, the weekly chart still looks pretty good and the uptrend is still intact.
Below we have the daily chart which shows us that the stock has been in a sideways pattern for the last year...we're at the bottom of the range now..the top of the range at just under 50.
With a yield at 8.5% and the prospect of another distribution increase coming; i have to believe this is a screaming buy in here.
News on INERGY (NRGY,NRGP) as it is propane shopping in Florida.
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