Natural gas has made a lovely set up here, with a breakout from the ascending triangle and is resting on the support level within a descending flag. The weather in the US isn't getting any milder and inflation worries can really set this one up for a huge run. Great R/R Ratio here. Breaking out from the top support is vital here, and if it does, prices might...
NatGas is slowly leaving the warm realms of the south behind, aiming for the resistance line at $4.825. Once there, we expect it to rise even further north. However, we also see a 42% chance that the price could decide to soak in some more warmth and go below the support line at $3.396.
Natural Gas Will See An Increase In Purchasing Volume Due To High Demand. Push It Up ^ CURRENCYCOM:NATURALGAS CAPITALCOM:NATURALGAS MCX:NATURALGAS1! MCX:NATURALGAS2! AMEX:BOIL AMEX:UNG SKILLING:NATGAS MOEX:NG1! MOEX:NG2! MOEX:NGF2022 NYMEX:NG1! MOEX:NG2! MOEX:NGF2022 AMEX:FCG GLOBALPRIME:XNGUSD PEPPERSTONE:NATGAS NYMEX:TTF1! ...
Today WTI oil reached our short-term price target of 77 USD per barrel. Furthermore, USOIL broke above the short-term support for a short period of time. Fundamentals remain bullish as OPEC agreed to proceed with a planned production boost of 400 000 bpd in February 2022. This signals OPEC's confidence in the oil market. Additionally, our bullish view is supported...
looks like prices have stabilized, at current prices we see allot of fear based trading, but i think it's best not to give into these short term trends and look at the bugger picture, natural gas has been in a uptrend for a while now and i see no reason for the uptrend to come to an end.
*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* !! This chart analysis is for reference purposes only !! If you want to...
- Aneeka Gupta, Director, Macroeconomic Research, WisdomTree Natural gas prices have declined sharply by 32.8%1 over the prior month. As we discussed here, market price action had run ahead of its underlying fundamentals. A combination of expectations of a warmer than usual winter period in North America2 coupled with the implied reduction in natural gas demand...
To start off. Few people have even heard of Devon Energy unless they actively deal with commodities and the energy industry. Devon Energy Corporation ( NYSE:DVN ) is an Oklahoma based hydrocarbon exploration company that produces (primarily) natural gas and oil. Considering the company was only founded in the early 70s, they have quite the interesting market...
*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* Recap: My team has been covering oil stocks due to the obvious demand for...
if we look technically it can form cup and handle im more bearish but if price supported it can go higher
Natural Gas dropping during beginning og new week. Target should be Anchored VWAP. Coincidentally we have 3,1415 (Pi) as near target. What speaks against? We are on the 314.15 MA (daily) which schould be very bouncy. Tight stoploss. Even because VWAP RSI is still not in buy level
News: The US benchmark for the price of natural gas was in recovery mode on December 3 after falling significantly over the last four trading sessions. The January gas delivery contract at the US Henry Hub was up 3.6% as of 12:25 GMT to trade at $4.20/mn Btu. The benchmark, however, lost 25.5% over the previous four trading sessions. The latest natural gas...
O'Reilly along with other automotive retail are potentially showing promise after the XRT rout. Being in a higher market cap than comparative retail stocks could help ORLY benefit in a deflationary environment assuming the dollar trends higher in the intermediate - long term. Gas or electric and an ever growing group of DYI'ers automotive retail stands to benefit...
Potential pull back until POC price The price are working on support area and up 200 average medium price so there is posibility for an pull back
I do not usually trade these types of assets but I figured I would take advantage of the volatility to buy some short-term dips and sell the recoveries. Extremely oversold and waiting for a retest on Fibonacci levels.
I'm not a big fan of ETH (right now) because it's fundamentals have been less than impressive with the ETH2.0 merge not expected until 2023 and gas prices being insane right now due to NFT demand causing such high transaction volume on the chain. With that being said there's been a lot of talk about it getting ready for a big move by some amazing traders and if we...
Natural gas is going to make a new high for the 5th wave. We can buy it when it will come down for the correction. #ElliottWave #NaturalGas
Natural Gas futures have started a new trend to the upside. The fact that Russia controls Europe's NG supply could mean that the price can get much higher at what it is right now. Buying BOIL etf is one way to expose yourself to this parabolic momentum.