LNG Chart, page-29

First 29 Last

Share
Profile

Follow
Takings

254 Posts.

13

20/02/20

08:29

Post #: 43036207
Share

Originally posted by Takings: ↑

LNGL had a gap from 2013 at $0.125 that had gone unfilled for years.

Once LNGL descended below $0.22 it became obvious that this gap was going to fill and that traders and technical investors would wait for it to fill before entering or re-entering.

I am one such investor. Now that the gap has filled, others have entered and this momentum will continue to build.

The first 3 charts depicts this. The 4th chart shows what happened the last time LNGL was at these lows. Look at the technical indicators. LNGL should achieve 100%+ gains in the next 2 weeks. It is often hard for those using fundamental analysis to see how this could or will happen, but the charts do not lie because they show that sellers were exhausted last week.

The gap in the chart at $0.125 from 2013

Went unfilled for years

Until last week, and you can see the increasing volume now that it is filled

This chart below shows the horror few weeks in August 2019 followed by 100% gains in 2 weeks

I think this is my first post from Desktop, so much easier than iPhone!

Hope these charts help non-technical investors get a grasp of what the rest of us and esp Instos can see.

Once the SP descended below $0.22, no soph or Insto in their right mind would've bought until the gap at $0.125 had filled. Now that it has, we have lift off.

Just my opinion and not advice

Expand

I am going to embed those 4 charts here as well.

The 3rd chart in particular makes clear that LNGL has just finished "C" in the Elliott Wave cycle, and begun Wave 1

Just opinion and not advice

Last edited by Takings: 20/02/20

LNG Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

PIQ

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

First 29 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

LNG Chart, page-29

Top Stories

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Novo flags antimony and gold in the Pilbara – but does it need to step back?

Featured News