This ascending scallop or ascending curve provides support for price as it completes this pattern. Once finished the pattern price makes another move upwards which I have shown with the bars pattern. Bullish on this 4Hr chart
$FLNG LT Chart - Possible downtrend breakout underway after recent consolidation above 50d ema line. Medium term target: $37.50-$40.00 range possible by May (20%+ upside) Note: This is not investment advice. Opinion only.
We all have been hearing about the great European floating natural gas trade of the Winter of 2022. Politicians, pundits, intellectuals, academics, influencers... everyone has something to say about it. Well, you know what they say: if everyone is talking about a trade, the opposite might occur. A number of catalysts have reversed people's expectations. European...
Table of contents: § 1 About FLNG § 2 The market § 3 Why I am bullish § 4 The risks § 1 Flex LNG(FLNG) is a Norwegian company. They specialize in transporting liquid natural gas around the world for heat, cooking etc. They also create ships themselves, specially created within the CE regulations to ensure safe transport, as natural gas is highly flammable and...
According to with last tensions between Rus and Ukraine US gas supply will be provided by sea passage. Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of March 15, 2021, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and three generation X dual...