Friday, February 25, 2011

Cheniere Energy's Winning Streak Continues (LNG)

Cheniere Energy: The Winning Streak Continues (LNG)

Shares of Cheniere Energy (LNG) traded at a new 52-week high today of $10.49. Approximately 5 million shares have traded hands today vs. average 30-day volume of 2.8 million shares. Cheniere Energy is currently trading at $10.40, approximately 49% above its 50-day moving average of $6.99. We will be monitoring shares of LNG and believe that this bullish momentum will continue .