Long
LNG ( Natural Gas ) Breakout from Cup and Handle LONG
This is a classical chart pattern. The bullish continuation would be
expected to be about $25.00 of upside given the height of the cup.
The short time MAs have crossed the intermediate MA from underneath
in a "Golden Cross" while positive momentum just started on the
squeeze indicator. Fundamentally this makes sense with the
winter heating season and the energy sector the best performing
this year. I will choose a Feb 23 call option 15% above current
price.
ina
expected to be about $25.00 of upside given the height of the cup.
The short time MAs have crossed the intermediate MA from underneath
in a "Golden Cross" while positive momentum just started on the
squeeze indicator. Fundamentally this makes sense with the
winter heating season and the energy sector the best performing
this year. I will choose a Feb 23 call option 15% above current
price.
ina
Trade active
Price hit the trigger and rose above the lip of the cup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.