Lanmar
Long

Natural Gas: 45% higher in the next 12-24 months

FX:NGAS   Natural Gas (Henry Hub)
220 8 4
Big picture fellas. Big picture.

snapshot


I can't seem to find many stock beneficiaries of a nat             gas price rise. But here is the best one I've found below.
Ticker symbol is RICE
snapshot
Viking83 PRO
2 months ago
Thianks, I think also it look promising in the long term. But it is getting a bit late in its daily cycle. Don't u think this is a false breakout before into a DCL?
+1 Reply
Lanmar PRO Viking83
2 months ago
1) I do not think it's a false breakout because today's price action will be a Friday close on a significant three month structure.
2) It's only late if you lose on the trade and you're risking more than you could tolerate.

On risk:
A) Stops should be slightly below 2.84 and that offers an attractive risk/reward profile ($50,000 investment loses a maximum of $5,500. At target you make over $20,000).
B) A relative high probability of success if exit is managed appropriately (any future violation should be actively managed).
C) Because we're not dealing with a tested area of long duration at our stop point (2.80s) there is very low risk. In other words, extremely low probability we see a gap beneath our stop (lose more than expected).
Reply
Viking83 PRO Lanmar
2 months ago
Thanks, will be interesting to follow!
+1 Reply
Viking83 PRO Lanmar
2 months ago
I studied it a bit closer, this is my conclusion.
https://www.tradingview.com/chart/0reHqymT/
But I will follow price action on Monday!
+1 Reply
Viking83 PRO Viking83
2 months ago
Sorry, wrong link:
Natural gas intermediate top
+1 Reply
Lanmar PRO Viking83
a month ago
Good call Viking
Reply
Viking83 PRO Lanmar
a month ago
Thanks!
Reply
Viking83 PRO Lanmar
a month ago
The volume is still high. We might go down further than the arrow indicates. Let's see where it ends.
I will take a strong long position at the bottom.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out