Monday, January 31, 2011

LNG UPDATE

LNG is up about 2% since it was featured earlier today right now it's looking pretty solid going into the close.

 Here we have 3C confirmation of today's move-no negatives at all, perhaps even a small leading divergence.

Volume is up nicely, not too much creating an overbought situation, but a solid increase and it looks as of now that it will be closing near the highs. The probabilities of follow through buying tomorrow are now higher.

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