Aug. 11 at 2:25 AM
Plains All American Pipeline, L.P.
$PAA (2h)
Bullish Flow: High-conviction call sweepers are taking down upside contracts as
$PAA locks in 70% of its pipeline loss allowance revenue at
$62 WTI, providing ironclad cash flow visibility. Institutional accumulators are front-running 2027 EBITDA momentum driven by dedicated 5.1M Permian POP JV acreage. 🐂 💧
Bull Key Level:
$22.90 (Bull confirmation to hold above immediate pivot and sustain buyer control) 🐂 🔥
Bear Key Level:
$20.50 (Deeper macro demand floor for total channel invalidation) 🐻 ⚠️
Targets:
$24.50 /
$27.00 💰 🍺
Why: Volume profile analysis reveals a dense accumulation node between
$21.50 and
$22.25 serving as an unshakeable support floor. Respecting higher lows on the 2-hour timeframe keeps the ascending pitchfork structure primed for a violent sweep of upper channel targets.
#paa | #midstream | #stocktrading | #optionsflow | #technicalanalysis | #hovdid
