Oct. 4 at 6:43 PM
$NFE Exactly. The chart confirms it — the setup is extremely bullish.
Friday’s +14% close with volume 3× the daily average broke above the short-term descending channel. RSI flipped bullish from oversold, MACD crossed positive, and momentum indicators point to continuation.
Technically, a move through
$2.55–
$2.60 triggers a breakout toward
$3.10–
$3.30 with strong support now sitting around
$2.25.
Combine that with the FOMB approval, no budget expansion, and LNG flow resumption next week — this is set for a sharp gap-up Monday and likely continuation above
$3+ early in the week.
