I trade this regularly and then take “profits” in the underlying.
I like this look
It appears ready to continue trading to the upside. Gonna patiently wait to see if it tests this new trendline with a kiss. Might nibble more without a “test” of this up trendline. Yeah, probably will.
$AMLP daily chart (very strong chart)
$AMLP weekly chart (we could very well test a 52-week high soon)
$AMPLP monthly chart (shows its all-time high from back in 2014, which was about 25% above last Friday’s close)
p.s. The dividend history for $AMLP