Technical Analysis Of Golar LNG Limited

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Today’s instrument is Golar LNG Ltd, which designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of liquefied natural gas (LNG), and whose stock is traded in Nasdaq under the ticker GLNG.

Looking at the GLNG’S chart, we can see that the stock has been traded in the range of around $20-24 in the current year, and it was lastly traded at around $22.37.

Today, it is announcing its quarterly earnings and if the market’s anticipation is positive, then it should rise toward the level of $24, otherwise, it could approach the level of $20.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of Golar LNG Ltd - 30/05/2023


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