Today we crossed handle's high pivot point 41.42 level and our entry just above it. The bottom of the handle is approximately 10% from the buy point, and just below this area is a good place to put a protective stop.
GLNG's earnings were $0.01 a share in 2010, with forecasts of $0.92 in 2011. and $1.75 in 2012. With focus on 2012's numbers and the 90% estimated earnings growth we can expect shares' price advancing further.
The information contained herein is for educational purposes only and is not, and should not be construed as an offer to hold, sell or an offer to buy any securities.
No comments:
Post a Comment