Observations: Weekly: Price in lng pullback towards the 200MA since Feb 2017 similar to what happened late 2015 until June 2016. So price may have a long way to go still but catching one of the upwards moves is the aim here Daily: Support around $75-76 where it could bounce. This one might well be on my watch for longer term. MACD: Still going down RSI: like MACD strong downtrend still
Plan: Wait for the reversal and then make a definite plan Shares: Entry: Stop: Target1: Target2:
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Candles are getting smaller and the upper wick shows that the bulls have put up a fight. Still looking for this to go down some more. MACD showing strong down trend still.