
Morning Trend | Cheniere Energy shrinks in volume and tests support, will a short-term rebound come?

Cheniere Energy (LNG.US) has recently shown a slight downturn in its market performance, with the main trend gradually testing key support levels. However, a closer look at the recent intraday trading reveals that the main players are continuously engaging in low-level trading, and the signs of a short-term rebound are becoming increasingly apparent. There is a clear divergence of opinions in the community. Bulls believe that the recent recovery in natural gas prices may lead to an overall recovery in the energy sector, and Cheniere, benefiting from its performance and policies, is very likely to experience an unexpected rebound. On the other hand, bears focus on its technical weaknesses and the uncertainties in the broader environment, advocating for a wait-and-see approach after seeing gains. From a structural perspective: LNG has returned to the main support zone from September to November, and after the stock price has been consolidating between $172 and $174 for a long time, there has been an attempt to establish a bottom after hours today. If there is a quick increase in volume during the downward process and the price can stay above the $175 level for two consecutive days, short-term opportunities will quickly emerge. Technical details worth noting: MACD divergence is beginning to show signs, and the volume-price relationship is subtle; there are signs of a surprise attack from the main players, but the overall defensive atmosphere is still evident. As long as there is no violent sell-off, with the current level of activity from the main players, waiting for a large volume reversal candle will make it easy to follow the trend in the short term. My personal suggestion is not to engage in aggressive speculation in a weak market; instead, pay more attention to whether there are signs of a reversal after a "low volume" at low levels, combined with technical volume replenishment for entry. A breakout on the right side will be safer, and once the overall market atmosphere warms up, the rebound potential of Cheniere Energy is worth a shot
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