And don't listen to the TA's here mazz, their records are like a train wreck. Probably need to be wary of the news driven nature of the LNG story also. This stock has caused many a good trader to lose out big time, hence why the quality TA's on HC don't go near it. There are so many looming announcements that will see the SP spike considerably that I would personally forget the short side.
The likely best option would be to load up and sell on the news spikes as LNG typically drifts lower after good news. That said, this last week has been a fine example of how tight the register now is. Despite the best efforts of bots to drive the price down it barely moved until Friday when someone wanted in......and up went the SP.
When I think about it TA might be best left to other stocks.
Good luck with whatever you chose to do...........(keep your core holding.........I did and I'm retired off it!)
LNG Trading/Charting discussions, page-116
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