We have distribution news from Global Partners (GLP) which is unchanged from last quarter.
Stock futures have weakened pre-open and so has crude but we've this before lately where they sell em early and buy em later.
Back to normal blogging for the rest of the week!
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About Me
- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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1 comment:
GLP is up 20% intraday on high volume. If you look at the daily chart over the last 52 weeks, you can see this represents a breakout from a long-term basing pattern. Not quite an inverted head-and-shoulders, but taking out the resistance level at 14 -- especially on today's high volume -- looks like an important move.
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