I don’t call myself a chartist....but I am a bit of a believer in basic charting...and have had quite a few good calls.
Now, is a trend line worth a piece of croc if u have a stock dropped from $4 to 40c..Aren’t you entitled or advised to start again?.
The 53 c resistance referred to does not seem as significant to me as the 50 odd cents...you also have 50c as a psychological barrier....so , being pragmatic ...50 c or thereabouts is the go!....I would suggest resistance has been cracked for now...whether 70 odd c beckons ...who knows
LNG Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held
