A cup and handle formation has emerged in a great fashion.
The target of 13.600 was chosen as the distance between the top of the cup to the bottom.
Feel quite crazy setting a target of 13.600 for $NATGAS, but I'm also advising what the chart is telling me based on technicals.
But considering the current climate, from inflation, poor energy plans, Russia etc it doesn't seem too far fetched.
The target of 13.600 was chosen as the distance between the top of the cup to the bottom.
Feel quite crazy setting a target of 13.600 for $NATGAS, but I'm also advising what the chart is telling me based on technicals.
But considering the current climate, from inflation, poor energy plans, Russia etc it doesn't seem too far fetched.