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pugsma said
AMLP starting to move up here. Up to 8.08 from 7.77 or +4% since I posted these charts.
kazoom1618 said
If you chart AMLP and include dividends, you get a different picture:
http://schrts.co/ikSupwSH
It has retraced to 62% and bounced off the re-test in the past year. It also makes a double bottom there, with target toward $12.
pugsma said
Very short-term AMLP had double bottom at 7.68 and 7.65. With today’s break above 8.04 the double bottom target is 8.04 + (8.04-7.65) = 8.43
abqsteve said
Some information regarding taxes and MLP’s. If you keep the MLP income to less than $1000/year in an IRA, you don’t have to worry about the tax headaches per this article:
https://www.investopedia.com/ask/answers/102714/can-i-own-master-limited-partnerships-mlp-my-roth-ira.asp