NATGAS short view

The price has been stable for the last 48 hours and ranges from $ 9.20 to $ 9.40. We need a break above $ 9.40 and consolidation above that level for the bullish option. After that, a continuation of the bullish trend could happen. Potential higher targets are $ 9.50, $ 9.60 and $ 9.80. For the opposite bearish option, we need a break below $ 9.20. MA20 and MA50 then moving to the bearish side, may increase the negative price pressure. Potential lower support targets are $ 9.00, $ 8.80, and $ 8.60.