Introduction
In the ever-evolving landscape of the liquefied natural gas (LNG) market, Dynagas LNG Partners LP (NYSE: DLNG) has been making waves with its recent financial performance and market positioning. As we dive into the company's journey, it's essential to analyze its revenue growth, financial health, and the strategic maneuvers that are shaping its...
Despite the frequent delusion that occurs with shipping stocks, when the time comes to turn their cycle, they can yield very large profits. Such a time may be enough for the shares that sell liquefied natural gas and which now wants Europe, which has broken its relationship with Russia.
Weekly inverted h&s looks ready to explode. Earnings this week probably sends it if I had to guess (if not probably sees $2.19 before moving higher). No position here currently but would love to get in before earnings if I can free up some cash before then. Too many bullish setups these days.
DLNG has formed a 2+ month rectangle flag pullback setup after a strong rally from April low. A daily close outside of the bullish flag should set the stage to the next leg up.
