Wednesday, June 14, 2017 12:24:37 PM
This morning, crude oil is declining lower by nearly 4.0 percent. This is causing most energy stocks to sell off. Even energy stocks that are focused on natural gas are coming under severe pressure. Cheniere Energy, Inc.(NYSEMKT:LNG) is a company that is a leader in the liquified natural gas sector. This stock just made a recent high on the chart at $51.41 a share on May 25, 2017. Today, LNG stock is trading lower by $1.58 to $46.72 a share. Traders and investors should note that this stock will have major institutional chart support around the $41.50 area. This is a spot on the chart where the stock broke out to the upside in January 2017. This level should be defended again when it is retested.
Nicholas Santiago
InTheMoneyStocks
Recent LNG News
- Cheniere Announces Timing of First Quarter 2024 Earnings Release and Conference Call • Business Wire • 04/05/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 01:00:53 PM
- Cheniere Announces Pricing of $1.5 Billion Senior Notes due 2034 • Business Wire • 03/05/2024 09:04:00 PM
- Cheniere Announces Offering of Senior Notes due 2034 • Business Wire • 03/05/2024 01:28:00 PM
- Cheniere Reports Fourth Quarter and Full Year 2023 Results and Introduces Full Year 2024 Financial Guidance • Business Wire • 02/22/2024 12:30:00 PM
- U.S. Futures Surge on Nvidia’s Stellar Performance, Global Markets Respond Positively • IH Market News • 02/22/2024 11:05:39 AM
Coinllectibles' Subsidiary, Grand Town Development Limited, Acquires Rare Song Dynasty Ceramics Worth Over USD28million • COSG • Apr 18, 2024 8:03 AM
ILUS Provides Form 10-K Filing Update • ILUS • Apr 17, 2024 9:54 AM
Glucotrack Announces Expansion of Its Continuous Glucose Monitoring Technology to Epidural Glucose Monitoring • GCTK • Apr 17, 2024 8:00 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM