AMZA: Accumulated Potential About To Burst (Archive)
AMZA Midstream energy ETF poised for a bullish breakout.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- The need for O&G capex investments is building up slowly, but surely with acceleration.
- Midstream O&G players stand to benefit from increased upstream volumes.
- My technical analysis assessment using Flow, Location, and Trap elements suggest to me that AMZA is poised to generate absolute returns and outperform the S&P500.
- Volume drivers such as upstream capex announcements are a key monitorable and catalyst.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
Comments ()