MLP 

MLP SE: 14% Stock Increase in Two Weeks and a Fresh 5-Year High!

Trend followers receive a procyclical buy signal from the breakout to a 5-year high!
If performance fees turn out to be better than expected, a forecast increase would be likely!
Marvin Herzberger
M. Herzberger
Reading Time: 2 minutes

On August 13, I last reported on the story of MLP (i.). While the overall market has shown signs of weakness since then, the stock of the financial services provider was able to increase by around 14%, forming seven consecutive green candlesticks and reaching a new 5-year high on August 24. Personally, I still find the stock very interesting due to its relative strength in price behavior, conservative forecasts, and diversification considerations. Let’s take another look at the story: The company pursues a niche strategy, focusing on comprehensive...

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