GLNG - signs of recoveryOil hit $30/barrel and LNG going into earnings. DLNG, TELL, LNG all showing upward trend. Short opportunity for all. At 61.8% retracement. DLNG TELL LNG OSL:FLNGShortby PokethebearUpdated 113
GLNG Short term bullish scenarioA iH&S was formed and played out nicely. GLNG has now reached an area of resistance, a confluence of both a horizontal resistance and a trendline. Printed a bearish candle pattern, so it is to be expected to fall back to the previous support around 8.10-8.30. If it finds support there it will proceed to break through both the trendline resistance and the current resistance at around 9.30-9.80. Target is the 0.618 fib retrace at 11.15. So a buy if it finds support around 8.10-8.30 with a target of around 11.15.Longby duco1Published 4
GLNG bearish butterfly Textbook bearish butterfly accompanied with previous market structure. We are at the competition of the butterfly (D) so I will be looking to get short off the open, risking a point above D. Profit target $7.60 ( green .382 retracement) where I may look to flip long. Shortby NotIButChristPublished 2
Golar LNG Limited Again?Dividend Yield Annual: 8.93% EPS Growth Next Year: 173.26% Insider Ownership: 46.50% Institutional Ownership: 87.40% finviz.comLongby WholeAdvisorsPublished 5
GLNG on breakout watch, buy above 14It may finally be time for a trend reversal. Fundamentals are improving, oil maintaining value > 60, company is in better shape compared to 1 year ago. Buy on any breaks above 14Longby EmuConspiracyPublished 4
still likely a H&S pattern setting upThe right shoulder is becoming larger than originally thought, which is actually more consistent with the pattern dimensions. I still see this as being extremely likely to play out, and choose to hang in there.Longby Ron-VPublished 111
It's go time on the inversed H & S patternIt set itself up alright...looks good to go with a bear cross on the MacD and the RSI is sitting pretty too. And it's breaking the neck/shoulder line....good luck!Longby Ron-VPublished 0
Keep Your Eyes PeeledThis may be an Inverted Head and Shoulders setting itself up.by Ron-VPublished 2
GLNG - Long at the Breakout of resistance from $27/28 to $33/37GLNG breaking out above long term resistance & showing strong upward momentum. Moneyflow pushed really high at the breakout point along with huge volume. We think it can go as high as $37.33. In the weekly frame it shows a possible Flag formation with similar target. Trade Criteria Date first found- January 25, 2017 Pattern/Why- Breakout of Longterm resistance. Entry Target Criteria- Break of $28.03 or Retrace back to $27.03 Exit Target Criteria- First target $33.83, Second target $37.33 Stop Loss Criteria- $24.83 Trade Status: PendingLongby AcornWealthCorpUpdated 4
GLNG Bullish Swing TradeLooking for GLNG to bounce off of support at around $20.30 My view is the overall market will experience a post-election relief rally which I see lasting several weeks pushing GLNG higher. After this relief rally fades, my overall market sentiment going into next year is bearishLongby Bigsky_CryptoPublished 4