$LNG into resistance at $16.50 I recently mention

$LNG into resistance at $16.50

I recently mentioned my desire to get some nat gas equity exposure and am looking at LNG as a primary candidate. It had a dip to 14 bucks and I was hoping it would pull back further. Rather than pulling back, it's gotten a nice bounce but is into an area of resistance at 16.50. If it gets through there the next target is 17.50.

I may actually call out a short if it gets that high for a quick pullback. But, like I said, longer term I would like to buy some of this stock and just hold it as a longer term trade. That means months if not years. Since I'm thinking about it on that time frame I can be patient and watch for it to really pull back, but for now I stay short term in mindset.

[IMG]http://i.imgur.com/Z1GAf.png[/IMG]