Long
LNG: cup & handle formation
With natural gas rising, LNG looks like a viable swing trade on the pending upside breakout of the cup&handle pattern. The pattern targets the $50 to $52 area for a low-risk trade with a stop under 34.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.