LNG bearish hammer on daily with exhaustion volume
AMEX:LNG Cheniere Energy, Inc
LNG daily closed in bearish hammer with exhaustion volume at historical high in what seems to be the end of wave 5. Have to take this one!
Love this pressure building. Inside candle, another hammer. Yum!
Will take 25% profit if start closing retest gap at $162.61
Moved stop loss to $162.61 and take profit 50% to MA 100 $144.36 and 50% to $132.91
Will take all profit if we take out last long day bearish candle at $155.95
Trade closed: target reached:
Closed for profit at $155.95. Thank you Universe!