A cold weather snap forecast across much of the United States is driving demand for natural gas as a heating fuel higher. Prices of front month Henry Hub Natural Gas Futures have risen over the past week as a result. The front of the curve has moved more than the rest of the curve. The curve is now close to where it was two weeks ago. Natural gas in storage is...
Cheniere Energy Inc. (LNG) stock has been on the rip since the Russian invasion on Ukraine in Febuary of '22. Russian invasion has shaken the global flows of natural gas and has enabled USA to replace Russia as dominant supplied of natural gas to Europe. Cheniere is the company which basically dominates the shipping of LNG across the Atlantic, so its no wonder...
This is a classical chart pattern. The bullish continuation would be expected to be about $25.00 of upside given the height of the cup. The short time MAs have crossed the intermediate MA from underneath in a "Golden Cross" while positive momentum just started on the squeeze indicator. Fundamentally this makes sense with the winter heating season and the...
Ranks analytical crew welcomes everyone! Today we will analyze the shares of a curious subsidiary of the automaker Hyundai from South Korea. Hyundai Glovis Co Ltd (#GLOVS) – Ranks score - 94 % The company operates in 3 sectors: 🔘 Logistics (auto parts and industrial goods) 🔘 Ocean cargo transportation (auto and industrial goods) 🔘 Distribution (used cars...
BOIL could be setting up a long continuation trade Now working on the handle. MACD shows the lines crossed while under the histogram is very often an excellent sign. Time will tell- My preferred trade will be call options expiring in late January or February. ( This is a triple-leveraged natural gas play with the upcoming winter heating season expected to...
Order SELL LNG AMEX Stop 168.63 LMT 168.63 will be automatically canceled at 20230401 01:00:00 EST LNG daily break of the up trendline B wave correction there's nothing in our way.
AMEX:LNG LNG having trended down with the fall in the price of natural gas is now sitting in the support zone. I anticipate an up-trending retracement to potentially as up as the resistance zone. Rising relative volume and rising relative strength lend support to a reversal as does the consolidation in the price of natural gas after a recent fall. As a swing...
LNG daily closed in bearish hammer with exhaustion volume at historical high in what seems to be the end of wave 5. Have to take this one!
Cheniere Energy ( AMEX:LNG ) Sector: Industrial Services (Oil & Gas Pipelines) Market Capitalization: $41.776B Current Price: $167.25 Breakout Price: $172.15 Buy Zone (Top/Bottom Range): $164.15-$151.00 Price Target: $195.90-$197.30 Estimated Duration to Target: 56-59d Contract of Interest: $LNG 12/16/22 170c Trade price as of publish date: $13.90/contract
GLOBALPRIME:XNGUSD XNGUSD a few weeks back downtrended afer breaking the neckline of a head and shoulders pattern down to the support of a double bottom formed in early August. Volume profiles are added to the 30 minute chart. I see an uptrend retracement of the recent downtrend and accordingly the following: Stop Loss at 7.64 just below the recent swing...
The terms "bullish" and "bearish" when used on Twitter and TradingView and in the media are more or less just poorly positioned synonyms for "going up" or "going down." Yet, it's a misnomer because some of the craziest pumps you'll ever see are during bear markets, and some of the craziest dump-a-thons you'll ever endure are during the most parabolic bull...
I made a forecast last April 17,2022 that LNG will be hitting 182. At that time LNG already had A BIG RALLY & seemed to be topping out but actually it was making a FLAG CONSOLIDATION before another run. (I was bashed for that even thought it was only my opinion & not a trading advice) Look how my Fibo levels coincide exactly with ALL important levels in chart. In...
AMEX:BOIL BOIL a triple leveraged ETF based on natural gas as a commodity and its futures on the 15-minute chart has begun a round bottom reversal into an uptrend. The AO / Candle indicator confirms this as does the curve of the accumulation /distribution indicator. Fundamentally, natural gas price is rising especially with the DXY dollar value in a mild...
in weekly time frame, green box $166~$173 is the first target. after that i think price need retracement. the current upward movement structure and how meet the green box and the lng market at that moment, show us the $147 support zone or $110 support zone will lead the price up to the red box.
We are in for a rollercoaster, rampant inflation, quantitative tightening, interest rate hikes, supply chains up-rooted, aggregate demand killed by mortgage rates/energy costs/cost of living crisis (global recession inbound).. don't see how this doesn't go down to 3000 / possibly Covid lows. Buys: Uraniam, LNG, Solar/Wind, Fertiliser/Potash, Litigation firm
The natural gas ETF is forming a cup & handle with pivot buy at $31.60. This behavior signals a comeback for stocks in the gas industry. Some of them are NASDAQ:NFE , which I was stopped out in June. NYSE:VET and AMEX:LNG . These 4 are in the top of my watchlist. All are in confirmed uptrends and leading the sector. Several oil stocks also look good but I...
Energy markets are currently trying to find their footing. The loss of Russian crude to sanctions and the war in Ukraine has caused an impulse wave in the market. My last energy post was about the long term more generally being short on oil. Short-term the disruption will cause elevated prices for a while followed by a turndown. Due to growth in energy use...
The Russia & Ukraine kerfuffle is opening a gap in supply and demand since February 24th with their invasion. G7 countries will have a common interest in bringing the conflict to a close as the effects begin to weigh on the economy more generally. Emerging markets can take advantage of the situation and build out their consumption infrastructure with cover of high...