Most can cut data anyway to present a case. This seems to tell the truth.
Doesn't pick the bottom or tops but still gives a great indication of the price direction long term.
And in LNG's case has been spot on.
I've traded UNS this year.
Last time was mid-Jan from memory. I got some in the low $0.80s and it bounced up nicely as everyone said it would. Almost reached a $1. Sold low $0.90's.
Seems to have bounced off support around the low $0.80's a few times in this year so i might have another look at current prices.
I'm no expert, but surly all this LNG volume going through in a tight price range is a decent sign?
LNG Price at posting:
$3.05 Sentiment: Buy Disclosure: Held