LNG ( Natural Gas ) Breakout from Cup and Handle LONGThis 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 energy sector the best performing
this year. I will choose a Feb 23 call option 15% above current
price.
ina
