Flng stock forecast technical traders eye FLNG stock’s

Technical traders eye FLNG stock’s support near $28. Most readers would already be aware that FLEX LNG's (NYSE:FLNG) stock increased significantly by 22% over the past month. However, we decided to pay attention to the company's fundamentals which don't appear to give a clear sign about the company's financial health. In this article, we decided to focus on FLEX LNG's ROE. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. In the latest FLNG stock forecast, geopolitical tensions in the Middle East have tightened LNG shipping supply, potentially boosting charter rates. Market consensus suggests a baseline target of $34 by year-end if current capacity constraints persist.