Antero Midstream Partners LP : The USD 16.9 for a new departure
Entry price | Target | Stop-loss | Potential |
---|
$17.48 |
$0 |
$16.6 |
-100% |
---|
Antero Midstream Partners comes back upon contact with important technical level that might give impetus to a rebound.
From a technical viewpoint, the trend is neutral in the mid term. The security is trading between USD 16.9 and USD 20.4. The latest downtrend pushed the security upon contact with important levels (in the long and mid-term). These supports, respectively at USD 16.2 and USD 16.9, could stop the bearish trend of these last days.
Investors can open a long trade near the USD 16.9. In the first instance, the target price will be the 20-day moving average at USD 20.4 (Short-term resistance).
In case of a breakdown of the USD 16.9 support at the closing price, investors should close their trades.
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