Does Cheniere Energy Benefit From Alaska Pipeline? – June 3, 2025
From Zacks Investment Research: 2025-06-03 16:20:00
President Trump is advocating for an 800-mile Alaska LNG pipeline with a price tag exceeding $40 billion. Stocks like Cheniere Energy (LNG) saw a positive reaction to the news, with the stock rising 2.63% to $243.23. Analyst Dave Bartosiak highlights the importance of moving averages, support and resistance levels, chart patterns, and volume analysis in understanding Cheniere’s stock chart. This technical analysis approach provides investors with valuable insights for informed decision-making in the stock market. While technical analysis is essential, it’s crucial to consider fundamental analysis and market sentiment when making investment choices.
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