Possible Natural Gas breakout of a triangle bottom. I find bottom wedges are always tricky (i.e is it a bull flag, or a bear flag?) so a tight stop is in order. Also bullish RSI breakout, and MACD crossing to the upside.
I personally use a trailing stop, using the wedges trend-line as a guide.
I have a triangle target of 3.20 here, but if you are confident in your long, check out the leveraged UGAZ.
I personally use a trailing stop, using the wedges trend-line as a guide.
I have a triangle target of 3.20 here, but if you are confident in your long, check out the leveraged UGAZ.