hcooper343
Long

(UGAZ, LONG) Inverse head and shoulders pattern.

AMEX:UGAZ   CREDIT SUISSE NASSAU TRACKER ZERT 02/02/32(S&P GSCI NATURA)
UGAZ has been down-trending recently and now is consolidating. Winter is coming up soon so that will drive the demand of natural gas up. There is a near-complete inverse head and shoulders pattern 10 day MA is good. There is now a couple of dragonfly Dojis which is also good. Ultimately its showing signs of a reversal and is offering a 7:1 Profit/loss ratio which is amazing.

Comments

how did you know $20 was the target goal?
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hcooper343 kenzoria
@kenzoria, Honestly I have no idea it worked out like a charm tho...
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