LNG 0.00% 4.3¢ liquefied natural gas limited

Chart breakout, page-48

  1. 5,814 Posts.
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    What is most interesting to me is the lack of selling at this point in time.

    If the seller at 3.27 took off his 300,000 blind freddy can see there is not to much around.

    And perhaps he is not a genuine seller, but rather a stooge who is trying to encourage others to sell beneath him. Look at this way, I would not want to be having the responsibility to buy a lot of stock at the moment, because given that its had a huge jump from a few weeks or so ago one might have expected to see more profit taking going on.

    The fact that there isn't, suggests to me a lot of the recent buying from the mid 2 dollars has gone into safe hands and is not coming out any time soon.

    Only 120,000 shares done in 30 minutes is very unusual for LNG.

    I don't know what the chartists say. But my gut says we might be going higher from here.

    Could be an interesting week coming up.
 
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