AMEX:LNG Trigger: $66.00 after a pullback. Stop loss at 65.40.
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Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
On weekly candlestick chart, MACD is shown crossing over and CCI at 0, but on downward slope at $62.73.
Await 2nd LNG port set-up and exports looking positive as cold weather driving use. LNG will also be a growing industrial energy fuel to replace coal and oil energy plants, as 30% lower CO2.
Nuclear and solar are only better ones and solar equipment costs...
LNG The LNG market has has some scales of economies to reduce production and processing costs.
Cheniere Energy was Cheniere Energy Partners' revenues went from $270 million in 2015 to $1.1 billion in 2016.
They took another leap in 2017, rising to $4.3 billion, and over $5.8B in expected in 2018 to handle growing pace as demand
for lower cost energy like LNG...
Cheniere Energy Partners' revenues went from $270 million in 2015 to $1.1 billion in 2016. They took another leap in 2017, rising to $4.3 billion. The partnership's loss narrowed from $1.21 per unit in 2015 to a loss of $0.78 in 2016 before jumping to a profit of $1.56 per unit in 2017. The partnership was paying a steady distribution throughout the construction...
Ticker: ARCA:LNG
Candlesticks Bullish
Why?
the Bull Flag is Clearly shown, i.m.o this stock is good to hold for a bit ( not to long as RSI is Reaching Overbought Areas and is currently in a channel up)
MACD is heading up.
Earnings is coming up next month so if it's anything like how the banks went take profit or hold at your own risk
LNG Wells Fargo raised its price target on Cheniere Energy (NYSE: LNG) to $65.00 (from $56.00) while maintaining a Outperform rating.
This trade is based on fundamentals.
Journal Entry: It looks like the insiders exited their position at the top, which I did not mark. This resulted in the weakness of the trend where it began to sell off in the bearish wave. Price right now is trading directly above a major support line+trendline all this within an upward moving channel (I think the macro outlook here is bullish). The volume is...
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AMEX:LNG
