Bullish potential on Cheniere Energy

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Bullish potential on Cheniere Energy GlobeInvestor

Duplex Horizontal

and provided targets of US$62 and US$67. Following our publication, the stock rallied to US$69.49 in June, 2018 to fulfill and exceed our targets. Cheniere Energy Inc. has been trading within a horizontal trading range mostly between US$56 and US$70 for the past year . A sustained rise above US$70-71 would signal a breakout from this range and the resumption of the up-trend.A rise above US$70-71 would signal Point & Figure targets of US$79 and US$84. Significantly higher targets are visible.

 

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