Although today's range was decent, i (for my long term strategy) am glad I didn't rise much today and am hoping for some consolation and re rating of new base > 90 cents .
The violent increases of >20% a day gets me nervous with no announcement as this can come down just as hard and I will be looking for book profits.
Consolidation is what I want and steady increase with improved global outlook on LNG prices, US market and investment as well as company delivering on its strategy.
IMO - next few weeks / months range will be 80-90's with the absence of any positive announcement or if market conditions deteriorate (i.e. OPEC not fulfilling promises)
DYOR
LNG Price at posting:
91.5¢ Sentiment: Buy Disclosure: Held
