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Pokethebear

Cheniere Energy, Inc. breaking out of Cup & Handle

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Pokethebear  
AMEX:LNG   None
Trend Analysis Chart Patterns Technical Indicators cupandhandlepattern breakouttrading entrysignal lnglong LNG oilprice US GULF
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trendanalysis chartpattern indicator cupandhandlepattern breakouttrading entrysignal lnglong lng oilprice us gulf
LNG The LNG market has has some scales of economies to reduce production and processing costs.
  • Cheniere Energy was Cheniere Energy Partners' revenues went from $270 million in 2015 to $1.1 billion in 2016.
    They took another leap in 2017, rising to $4.3 billion, and over $5.8B in expected in 2018 to handle growing pace as demand
    for lower cost energy like LNG over oil comes into play. Solid entry with target over $70 expected per prior growth.
    Ide
ally dividends would also resume and discontinued for infrastructure costs to build new lower cost processes.
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