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After Golden Cross, USA Compression Partners (USAC)'s Technical Outlook is Bright
USACUSA pression Partners(USAC) ZACKS· ZACKS·2025-01-15 15:55

Group 1 - USA Compression Partners, LP (USAC) has reached a key level of support and is showing potential for a bullish breakout due to a "golden cross" formation in its moving averages [1] - The golden cross indicates a trend reversal, starting from a downtrend, followed by a crossover of the shorter moving average above the longer one, and culminating in an upward price movement [2] - USAC has moved 12.3% higher over the last four weeks and currently holds a 2 (Buy) rating on the Zacks Rank, supported by a positive earnings outlook with no earnings estimates cut and an increase in the Zacks Consensus Estimate [3] Group 2 - Investors are encouraged to monitor USAC for potential gains due to its key technical level and favorable earnings estimate revisions [4]