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LNG liquefied natural gas limited

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DrSeuss

14,059 Posts.

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04/11/14

10:45

Post #: 14232327
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Originally posted by smurfette ↑

* Note volume at point 2 compared with point 1 from July. Volumes are lower for this similar price move ie less effort behind this move. Can it be sustained?

* Coming into clustered resistance areas in the low $4's.

* Look at the ultra high volume in point 3. An area of significant supply.

I question the current volume to push through that supply.

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ps - In the interests of disclosure - I am looking to go short.

LNG Price at posting: $3.92 Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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LNG Chart, page-2

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