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Cheniere (LNG) Tight Weekly Flag with December $95 Calls in Focus

Cheniere (LNG) Tight Weekly Flag with December $95 Calls in Focus

by | Aug 24, 2021 | Open Interest Alerts

Cheniere Energy (LNG) with a tight weekly bull flag shaping up and RSI has held above 50 the entire time despite some weakness among Energy stocks. LNG’s $88.25 level a key one to clear on the volume profile and we have been watching December $95 calls accumulate with buyers recently, currently 4800 in open interest. LNG estimates have been rising on constructive pricing and project timing and the focus is now on a FCF inflection.