HomeBusinessIndustrials Sector Stock NewsTimken Co. (TKR) & Cheniere Energy (LNG) Stocks Rallying Higher

Timken Co. (TKR) & Cheniere Energy (LNG) Stocks Rallying Higher

"Timken Co. (TKR) stock price is up a robust 22% since July 1st. The 10 daily moving average has been providing support since mid-July and appears to be breaking higher after a brief pause to this recent uptrend. Bullish traders will note the break of a lengthy down-trendline from the peak TKR saw in May of 2021," says Kevin Horner. "Cheniere Energy (LNG) stock is poised to break out of the trading range it has been need for the past 4 months," Horner adds.

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10 Aug 2022

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