New Fortress Energy (NFE): Is the Rise in its Share Price Sustainable for a Position Trade?

Table of Contents


All articles are for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade or investments.


All articles are for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade or investments.

Table of Contents

This article is for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade/investment.

Winter is approaching for countries in the Northern Hemisphere.

From social media, I see many of my peers travelling to countries in the Northern Hemisphere to enjoy the cool temperature and scenic views.

Are you one of them?

As the temperature in those countries drop, the demand for heating rises.

New Fortress Energy appears to be benefiting from this season as its share price has been climbing.

Is the rise of its share price sustainable?

Let’s find out!


Brief History of New Fortress Energy

New Fortress Energy logo


New Fortress Energy was founded in 2014 as a liquefied natural gas company.

Its aim was to provide affordable, cleaner, and reliable energy. This aim remains today.

Starting off in Florida, US, the company has since expanded to Jamaica and worldwide.

Has the company been profitable in this noble cause?


Business Model and Financials

New Fortress Energy Income Statement


Let’s have a peek at its financial health by focusing on its total revenue (in blue) and net income (in yellow).

New Fortress Energy’s total revenue (in blue) has been growing leaps and bounds from 2016 to 2022, ranging between 15.4% and 354% year-on-year!

While that’s an excellent piece of news, it pays to have a look at its net income (in yellow) too.

New Fortress Energy was suffering huge losses from 2016 to 2020 before turning a profit in 2021.

Its net income grew by more than 100% in 2022!

This is reassuring.

However, what does the market think of New Fortress Energy?


Technical Analysis on New Fortress Energy (NASDAQ: NFE)

Chart of New Fortress Energy

To uncover the thoughts of the market on New Fortress Energy’s shares, let’s turn to its chart.

Its share price was in a downtrend up until mid-April 2023. This can be inferred from the number of red (solid and outlined) candles outnumbering those in blue (solid and outlined).

After mid-April 2023, its share price began to range before breaking into an uptrend.

The golden question is “Is this uptrend sustainable for a position trade?”

All you need are the 2 main indicators that are on the chart shown above – the green arrow and Trend Impulse Factor.

When a green arrow appears under the latest candle, it signals that a fresh uptrend is here.

You’ll want to buy while the uptrend is still fresh!

Next, you’ll want to pay attention to the color of the bar of the Trend Impulse Factor indicator.

When its bar is dark green in color, it signifies that there’s momentum, giving you greater reassurance that there’s more to come from this stock.

Do you see the appearance of a green arrow and a dark green bar of the Trend Impulse Factor indicator?

This indicates that buying shares of New Fortress Energy now is a good idea, as it’s likely for this uptrend to continue in the foreseeable future.





New Fortress Energy is a young company with a big ambition.

It has proven to be profitable while fulfilling a noble cause.

A look at its price chart indicates a new bullish movement, with momentum likely to continue. So, you can feel more confident in buying its shares for a position trade.

Both the arrow and Trend Impulse Factor indicator have been tested and proven. They form the TradersGPS (TGPS) system to help you decipher if a stock is ripe for a position trade. You won’t have to feel in the dark and make wild guesses.


If you’re struggling to make money from the market, just do this ONE thing in 2023:

If you’re like most people, you probably think that building a profitable side income stream from the stock market is something that is extremely difficult to achieve, and time-consuming as well.

And you probably know that one friend or relative who has lost a lot of hard-earned money to the market despite being ‘experienced’.

And especially since 2022 was a time when we saw many people in the red, bag-holding 20-80% losses…

It’s understandable to see why most people have such a grudge towards the idea of profiting from the market.

But what if I told you that amongst the many skills required to be profitable in trading…

There is one simple skill that will never make you feel that making money in the stock market is difficult ever again?

A skill that, if mastered, can dramatically increase your chances of success in the stock market.

I’m talking about the skill of identifying the right strong stocks.

If you have heard of this before but still do not have it figured out yet, let today be the day you get it right.

You see, the #1 problem with most ‘experienced’ traders who just can’t seem to make money consistently from the market despite having consumed tons of learning resources & materials is not because there is a problem with their strategies.

It’s because unbeknownst to them, they are constantly buying the WRONG stocks.

Stocks that have very bad set-ups, price movement, andin general just a low probability of moving in the direction you wish for.

In fact, this process of picking the right stocks is a crucial step that most people don’t even think about.

Ask yourself this, what is your current process for knowing what stocks to buy?

Companies that you like such as TSLA, META, AAPL etc..?

Stocks that your friends tell you to buy?

Stocks that you read about in financial news, blogs or Youtube videos?

Or even stocks that you spend hours reading up their financial reports and doing fundamental analysis?

If you have done any one of the above, you are making a dangerous mistake and that has to change.

Knowing how to pick strong stocks with the highest profit potential using a proper proven strategy is half the battle won.

It instantly eliminates any potential ‘bad characteristics’ of the stock and significantly increases your chances of being right in the trade.

Once you know how to pick strong, potential stocks, whatever comes after (knowing when to buy or sell) becomes a breeze and you can start expecting to see real, consistent results.

That’s how exactly I was able to still execute 20-40% and higher trades last year when the entire market was down.

So if you think profitable trading is difficult, think again.

I’ve trained thousands of students who started off with complete 0 experience and whose portfolio results are now lightyears ahead of their peers who started learning years before them.

That’s the power of mastering this very simple skill of identifying the right strong stocks.

It literally gives you the weapon to be able to profit in all sorts of market conditions, because opportunities are ALWAYS in the market. It’s all about knowing how to find them!

I hope you’ve learnt this very important lesson today, but more importantly, take action in pursuing the mastery of this skill.

I have an upcoming free LIVE training demonstrating my exact process on how I find strong stocks in less than 15 minutes using a very simple strategy.

What I will be revealing is a tested and proven counter-intuitive approach that you’ve probably never seen before, and it’s something you can apply almost immediately.

So if you’re excited to cut through the B.S and master the intricate skill of profitable trading…

Register your seats here and join me LIVE very soon!

P.S You can also get to ask me any stocks you are currently thinking of buying and I’ll show you if it’s a strong stock and whether the odds are stacked in your favour or not!


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Eric Lim

Having being coached in trading and in many aspects of life, Eric is a firm believer of success being the result of having a strong foundation. Hardwork, dedication, and practice are essential ingredients. He's always fascinated by the stock market and enjoys sharing his knowledge and discovery of the markets as a form of giving back to society. Swing and position trading are his favorite trading strategies.

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