AlphaBeta

Cheniere Energy (LNG) - [M1] - Get Long & Hold On!

Long
AMEX:LNG   None
Cheniere Energy (LNG) - Get Long & hold on with this natural gas play hydrocarbon producer on continued inflationary pressures driving hydrocarbon energy such as oil and natural gas higher, along with legacy hydrocarbon ("fossil fuel") exploration & production companies such as this company.

Confirm price closes above highlighted resistance zone in which price has rather recently broken out above. Will wait for said monthly close above breakout zone, then looking for any weakness or pullback as close as possible to the top side of former all-time high resistance (and triple top) now turned support to build position long position (with optional stop loss under highlighted rectangle breakout zone should something unanticipated come to pass in global oil and natural gas prices in the near term).

Ride the global energy crunch/"crisis"" wave higher yet still to profit, profit, and more profit. Ultimate price target on the underlying oil and natural gas as well as the shares of oil and natural gas production companies remains as of yet unknown given emergent global energy situation continuing to unfold! Stay tuned and pay attention.


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