From looking at the charts, the close at 3.97 was very important in that it was right at the support of the last breakout point. Healthy correction and buying opportunity should those in for the long term have the desire to purchase even more.
Next supports are 3.65 and then 3.32 which was the August lows. Profit taking for the quarter could bring in these levels within the next week or so but likely outcome is a bounce at the beginning of October as larger Instos have to allocate for the close of the year.
LNG Price at posting:
$3.97 Sentiment: Buy Disclosure: Held
