jmalone1224
Long

$D, and the liquid natural gas market

BATS:D   DOMINION ENERGY INC
106 0 0
Decided to take another look at Dominion's chart after not seeing it for months. They've had some tremendous growth since 4Q '12, and the liquid natural gas             scene is still very young in its stages. $D has been having some sideways price movement for the past 31 trading-days, which is common for its trend. I firmly believe that Dominion will continue to grow, and that's why I'm putting this idea as a Long. Today's candle is a Doji , completing the Harami, which is usually a reversal sign. Now, since $D has been having sideways price movement I would look for this to breakout tomorrow; RSI shows a good trend from this last leg (since sideways movement started 31 days ago) and we have convergence (almost!) on the Macdee. Considering the market, the trend, and the indies: I see good things coming. Happy Trading!
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