Selling pressure may be coming to an end on natgas
Some 10 year NATGAS seasonality charts suggest a bottom by
Mid-April and a top by Mid-June
Similar UNG seasonality charts indicate the same thing
Looking at the June 21st $13 - $14 - $15 & $16 calls
Get some!
Some 10 year NATGAS seasonality charts suggest a bottom by
Mid-April and a top by Mid-June
Similar UNG seasonality charts indicate the same thing
Looking at the June 21st $13 - $14 - $15 & $16 calls
Get some!
Trade active:
Got the june 21 $14 $15 and $16 calls. Buy alert should show up.
It's broken out of this wedge yo.
Peace
It's broken out of this wedge yo.
Peace
Comment:
Next week, I may actually add more on any weakness...
I think this is gonna go boom.
Open gaps @ $19 & $21.9
Have a great weekend!
I think this is gonna go boom.
Open gaps @ $19 & $21.9
Have a great weekend!
Trade active:
I sold my June 21 $17 calls for a 125% gain
I still have $14 - $15 - $16 calls which are
doing nicely. I feel like there is more room
to run - nat gas to $2.4 to 2.6 levels and
ill start trimming.
I still have $14 - $15 - $16 calls which are
doing nicely. I feel like there is more room
to run - nat gas to $2.4 to 2.6 levels and
ill start trimming.
Trade closed manually:
closed positions - nice trade on this breakout
could have more room to go - but cpi and ppi
coming up scares me a bit.
the upper channel on this is $19 to $20. But I
just had to book profits. may entertain a short
position if it reaches that high.
good luck everyone
could have more room to go - but cpi and ppi
coming up scares me a bit.
the upper channel on this is $19 to $20. But I
just had to book profits. may entertain a short
position if it reaches that high.
good luck everyone
Let's see if UNG reaches $13.80 - $13.90
Maybe go in next week. Peace