Energy Transfer Partners could reach its USD 54 trend line.

The company shows strong fundamentals. Firstly, the security is undervalued compared to its peers with an "EV/Sales" ratio estimated at 1.03x by the Thomson Reuters consensus for this year. Moreover, the consensus revised upward EPS estimates for this year and that let see a great potential for the security on the stock market.

Technically, the security shows a bullish configuration on all time scales. Prices are supported by increasing moving averages. In weekly data, 20-week moving average helps the stock to keep its uptrend.

Therefore, taking into account the strong fundamentals and technical patterns, it seems opportune to take a long position at the current price in order to benefit from a possible reversal. The target price is the USD 54 trend line. A stop loss will be fixed under the USD 49.8 short term support.