Enterprise Products Partners $EPD recently broke above a key resistance around $30.20. However, it didn't even make it to $31 before a double top started to form. EPD Daily Chart(click to enlarge)Double Top:- Price has been running up from around $23.50 to $30.80 since the end of 2018. - The double top suggests some bearish correction ahead, but only if price breaks the neckline around $29.85. - If price holds above $29.85 and reaches back up to the $30.80 area, I would anticipate a bullish continuation. - But even if price breaks down the $29.85 support, EPD could still be in a bullish trend. - I think a hold above the 29-$29.50 area keeps the trend bullish. - A break below $28.50 starts to signal weak bulls.- Ultimately, $28 will be the critical support for the bullish outlook. A break below $28 confirms a false bullish breakout, which signals a bearish trend first towards $26 area, and then the $23.50-$24.20 support area. EPD Weekly Chart(click to enlarge)