Is natural gas a good stock to buy?
When investing in natural gas stocks, it is important to look for companies with good financial stability, and a strong history of profitability. Natural gas stocks can be a good investment for stock market investors. This is because natural gas prices are expected to continue to rise in the future.
Hello traders,
here is our view about natural gas.
As we can see from the monthly time frame, natgas completed an impulse after breaking a big descending triangle.
After reaching a top of 9.995, natgas created a head and shoulders pattern that coincided with a 535 structure to the downside, as showed in the main chart.
Then, wave 3 of C seems to be completed with...
My previous call on natural gas made Sept. 19 has come to fruition, achieving all three targets, and in a shorter than expected period of time:
Natural Gas / NG - It's Officially a Bear. Now, Hold My Beer
The question I've asked myself for the last few days is simply: Now that the June lows have been taken out, is it time for a reversal?
And frankly, I...
Natural Gas has been hammered over the last couple of weeks and It's about time it took a turn to fill in the gaps; beginning with the most recent one yet to be filled.
Strong positive RSI divergence on the daily, alongside oversold hourly, weekly and monthly RSI.
It's still freezing cold with many winter storms across the USA so I can't see Natural Gas being...
This is not the first time we look into Natural Gas (NG1!) and its long-term patterns. We have coined its Multi-year Cycles Theory in the past and it is time to extend on it a little on the 1W time-frame.
Typically investors ask us for 1D analysis such as the following we published 2 months ago (November 24 2022) and helped us identify the conditions that would...
Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Kansas, Missouri; Louisiana; and Texas. As of December 31, 2021, its total estimated proved producing reserves consists of approximately 73,800 barrels of oil equivalent, including 48,400...
Natural gas has fallen a lot in recent weeks. Now it is probably time for a correction. It has formed a crab, falling wegde and a channel on the 30min chart which all have breaks. So here I buy.
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Entry: $21.31
Take profit: $27.50
Stop loss: $20
If you want to see more,...
Gail is that Stock which is in UP- Trend 📈 and it is also going with 44 Moving Avg. Upwards. So the target 🎯 price of GAIL should be : 102 .
Note : This is just for Backtesting Purpose or Educational purpose so try at your own risk.
This stock seen good price volume action.
Crossed the the resistance level 98
Continuous making H-L pattern.
Ready to complete the round bottom pattern.
#gail #stockinfocus #breakout
Looking at the chart(s) of XOM Exxon Mobile Corporation , are they signaling a short opportunity on the back of lower growth outlook(s) for 23-24'? 🛢⛽️ 📉
Not going to provide much commentary on the macro outlook for U.S. Crude Oil CL1! CL2! CRUDEOIL1! CRUDEOIL2! WTI1! WTI2!, just the charts of XOM:
XOM Weekly Chart: 📊
XOM Daily Chart: 📊
XOM...
$NGAS - Is the Gas Crisis Over? (SHORT)
With the Economy slowing, a variety of commodities are showing weakness, think about $OIL and $COPPER.
$NGAS is still retesting this channel breakdown.
I'm looking for shorts in this area as the potential rewards are huge.
The war in Ukraine may be coming to an end, and this could have an impact on the price of natural...
Gas this week had a strong bullish movement, and I expect it to complete this movement next week, with a correction that may target 6.40 levels, from which it may launch towards 7.0 levels.The gas has been in an ascending channel for 11 days, but will it breach it and rise towards the 7.0 levels? We wait next week to see what it has in store.
🔥💥 Like, Shared and...
Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream &...
Hello,Traders!
NATGAS is trading in a
Downtrend and the price
Broke a key horizontal
Level making us even more
Bearish biased so I think
That GAS will keep falling
Sell!
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See other ideas below too!
We've been tracking this C wave for some time now and it finally looks like we're getting the wave 5 of C which should finish somewhere around the $5 area. Once we reach this price point we will be going long with an ultimate target of $15 which is a HUGE trade.
