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Is LNG setting up for a drop? Fell Below 200 Day Moving Average shows up after dropping 1.86%
On Thursday, June 18th, LNG moved down 1.86% while volume was to 0.8× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 224.03, 220.96 & 218.22, with resistance at 229.84, 232.58 & 235.65.
Current SwingTradeBot Technical Rating of LNG: D
Don’t miss other key signals LNG triggered—view them now on SwingTradeBot.com.
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