I don't follow charts and I don't watch trading activity closely, but we seem to have lost some volatility in recent weeks (prices have been relatively stable for the last 5 weeks, with solid support first at around $3 and currently at around $3.50).
Intra-day trading has still been volatile, following a pattern of early rises in the first couple of hours of trading, with any gains eroded on lower volume throughout the day.
Has anyone observed this? Like to make a call on possible causes?
LNG Price at posting:
$3.48 Sentiment: Hold Disclosure: Held