5 min chart below(newbies: it only shows 5 min intervals where...

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Takings

254 Posts.

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21/02/20

10:11

Post #: 43064708
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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

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5 min chart below

(newbies: it only shows 5 min intervals where trades occurred)

looking good for a run to $0.16 today

Just my opinion and not advice

LNG Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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5 min chart below(newbies: it only shows 5 min intervals where...

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