Yes, the market depth has looked a bit worrying for a while now, but the support has remained. I guess that means that all those sellers are not willing to change and drop their prices to sell into the buy queue? The market depth has not served well as an indicator of price movement lately IMO.
Fair enough to expect the price to drift down on no news, which it appears to be doing on the charts, but very slowly for now.
I was going to try trade this to accumulate more, but I was too slow to act on my instinct. I felt it would retrace from $2.50 to $2.00, which it did. I personally am too lazy to sell now. Then I would have to watch this like a hawk to make sure I buy back in at the right time. That laziness is what makes me an investor and not a trader, haha
LNG Price at posting:
$2.22 Sentiment: Buy Disclosure: Held
