Saturday, April 7, 2012
In the Zone
$LNG - Cheniere Energy, Inc.
Cheniere Energy, Inc., through its subsidiaries, engages in the ownership and operation of liquefied natural gas (LNG) receiving terminals and natural gas pipelines in the Gulf Coast of the United States.
The company develops LNG receiving terminal projects on Sabine Pass LNG in western Cameron Parish, Louisiana on the Sabine Pass Channel; Corpus Christi LNG near Corpus Christi, Texas; and Creole Trail LNG at the mouth of the Calcasieu Channel in central Cameron Parish, Louisiana.
It also involves in the oil and natural gas exploration and development activities; and LNG and natural gas marketing business. The company was founded in 1983 and is based in Houston, Texas.
Please keep (LNG) Cheniere Energy, Inc. on your watch list for a breakout in price between $17.18 to $17.23 on heavier than average average daily trading volume of 5.67 million.
As the week that passed came to a close (LNG) Cheniere Energy, Inc. closed to end the week trading at $16.39 up $1.41 or +9.41% on lighter than average weekly upside trading volume of 18.78 million. The average weekly trading volume for (LNG) Cheniere Energy, Inc. is 27.08 millon.
Please note that this is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
*** Please have a close look at the charts listed below ****