GLOG positionsGLOG currently sitting on resistance line, might be a good entry point, looking forward to confirmation on the next market day
GLOG
Potential breakout or head fake-GLOG.The 16 level is a clear line in the sand.
The R/R breaks down to 3/1. 22 being the target and 14 being the stop out level.
I would wait for a retest of the 16 level and see what happens.
UPDATE:LNG TRANSPORT STILL CONTINUING TO BOOM MUST BUY
GLOG IS THE COMPANY THAT SPUN OFF ITS PARENT COMPANY GLOP, WHICH USUALLY IS THE OTHER WAY AROUND HOWEVER ALTHOUGH ADVOIDING THE THREE MONTH RULE CERTAIN EXCEPTIONS APPLY....
IF A COMPANY HAS SUFFICIENT EARNINGS AND HAS ADDITIONAL REVENUE THEY WILL IMMEDIATELY PROSPER.
AS SHOWN IN THE FIB LINES ON AN INCREDIBLE UPTREND EACH MOVE BREAKS THROUGH ANOTHER FIB INDICATOR SHOWING TRUE STRENGTH. UNTIL A PULLBACK OCCURS THIS IS A LONG AND ACCOMPANIES GLOG WITH THE GROWTH ,DIVIDEND, AND CAPITAL APPRECIATION ALL THREE IN ONE MAKE THIS A GREAT HEDGE TO ISSUES INTHE POLITICAL WORLD ESPECIALLY WITH THE FOMC MEETING TOMORROW.
THIS STOCK , LP , WILL PAY APX A 7% DIVIDEND SO UNCERTAINTY IN MARKETS AND A SHORTAGE OF LNG ALONG WITH CAPITAL APPRECIATION AND GROWTH POTENTIAL MAKE THIS A MUST OWN BEFORE THE CRISIS IS SOLVED.
ANOTHER PICK FROM THE MAN, THE MYTH, THE MYSTERY "JACKIE MOON" TY JM
Head & Shoulders Patter Publish IdeaRead before publishing CHARTWhat seems to be an obvious head & shoulders pattern forming on the 30 Min chart. Also noticed the MACD is about to cross
