LNG 0.00% 4.3¢ liquefied natural gas limited

Chart action, page-1150

  1. 2,795 Posts.
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    Recent 3-4 days- massive range days and extreme volatility and double highest volume days, normally means the top is in, or people buying big, selling big, buying big, or there is no agreement until 2019 (the way I read it)
    Bar chart says 100% buy.
    stats of breakouts that fail> than that do
    Uptrend because of no tariff- reason I bought
    selloff because 25% tariff announced- reason I sold.
    Ny roadshow, aussie buying before presentations.
    Marubosu today- manipulated price action again.
    whipsaw action- brokers raking in the commissions big time.
    No new news except 25% more tax and massive increase in price an volume and volatility.

    I was going to buy again tomorrow, but looking at the charts and the recent huge candles and volume, compared to the low range days of around the gap at 45c would be nice- would only need three similar big range candles and volume, which would justify the lack of certainty and the shock tariff announcement.

    "For private Chinese companies, a possible 25-percent tariff on LNG imports from the US would completely eat away their margin, and would keep them from being able to afford the cost of importing spot US LNG cargoes in the near term." rt.com/business

    prop me up when it gets to 90 or is that 45. or might buy more on fomo at 88c and 500mill mcap.
    surely it has to go to 88 before it stalls or takes off or falls over- charts big range days have previously shown top is in, or is that top traders doing their thing. For mine risk has just switched from low to high.
 
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