LNG breakout watch

Discussion in 'Stocks' started by Stocks4life, Dec 6, 2012.

  1. volume is building, longer 2 year chart shows bull flag.

    BREAKOUT WATCH for possible breakout above 17.54, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 19.74, 17.7% Stop: 16.26, Loss: 3%, Profit/Loss ratio: 5.9 : 1 - Excellent

    CURRENT PRICE 16.77, at resistance, 17.05 ± 0.49, type triple, strength 9

    RESISTANCE ABOVE None.

    SUPPORT BELOW -6.2% at 15.73 ± 0.46, type triple+, strength 10
    -12.7% at 14.64 ± 0.42, type triple+, strength 10
    -17.4% at 13.85 ± 0.4, type double, strength 8

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  2. What are the fundamentals of the stock? Does it have liquid puts?
     
  3. looks like today could be a continuation breakout, watch 18.1-18.3 break, good bull flag here.



    BREAKOUT WATCH for possible breakout above 18.28, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 20.47, 15.5% Stop: 17.14, Loss: 3.3%, Profit/Loss ratio: 4.7 : 1 - Excellent