Cheniere Energy ($LNG): On the move again…

May 25, ’11 10:27 AM
Author Categories Energy Tags

 

LNG has break its previous high within a 2 day rally. Seems like it is on the move again.

I am expecting a small retrace first to serve its price-action.

On the Ichimoku Chart, support is around 10.4 followed by 9.5

Note:

DOE Conditionally Approves Cheniere’s LNG Export Application for Non-FTA Countries

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