Natural Gas surges +12% - lifting producers' shares to YTD highs
Range Resources $RRC & other natural gas producers ripped to 52-week highs today as U.S. front-month natural gas soared to its largest one-day gain since Sept a year ago - closing at +12% to $5.898/MMBtu
Today's settlement is the 2nd highest this year after the front-month contract hit $6.312 on...
Natural Gas prices seem to take a little bit chill after a heavy bullish period. European prices, which have been pulling the market around the globe, traded lower mid-October than in early-Oct. Demand still seems to be high around the world and most storage levels are on a relatively low level. This indicates that bullish price risk is still here and Natural Gas...
Natural gas is combustible as producers extract the energy commodity from the earth’s crust. The energy commodity’s price action has been equally volatile since the CME’s NYMEX division rolled out futures contracts over three decades ago in 1990.
Natural gas probes above the $5 level- a nearly eight-year high
Heat and storms have been bullish
LNG demand is...
LNG has a long history of not getting any love.
Famously, in 1971...a Russian oil rig fell into a crater filled with LNG. They figured the best move was not to capture the LNG...but to use it to burn the oil rig. 50 years later...that crater is still burning...and is known as the Door to Hell .
LNG has often been thought of a cheap, plentiful energy...
Today’s analysis – ETHUSDT – trading at a key support that has been respected on multiple attempts,
Points to consider,
- Price Actin Corrective
- Daily S/R Support
- Daily S/R Resistance
- Low Volume
ETHUSDT’s immediate price action is trading at a key support that allows for a bullish bias.
The current objective is the...
Short Term & Medium Term Bearish
Long Term Bullish after completion of last leg down of this Falling Wedge
I expect we’re at our Top (3.8-3.95) then we start rolling back all the way to the bottom. Then the next and 4th move upwards should break easily 6$
Notes state my thoughts on the matter. I could see price being supported by the LR mean if a roll over does occur.
There is SPECULATION that Abaxx may be awarded its clearing house license over the coming week. This may provide the catalyst to push Abaxx out of its DTL. I am holding long shares and looking to see some tight price action in the +3SD channel to...
Abaxx is a blockchain and ESG company focused on commodities like LNG (Liquified Natural Gas) and Gold! Abaxx Tech came to the market through a RTO (Reverse Take-Over) of New Millennium Iron (NML & NWLNF). The serially successful mining and media billionaire mogul, Robert Friedland, was one of Abaxx's first angel investors. Abaxx Technologies has...
I`m always on the lookout for unicorn companies that can have significant capitalization growth. I`m particularly interested in the oil and gas sector, as it is currently undergoing a dramatic transition from oil to liquefied natural gas. Observing all the projects being implemented for the LNG, I found a company that is located in a rather interesting place...
Company just made some major moves and technicals looking promising. If you believe in LNG shipping this ship is on serious discount
* I would suggest you do your own research and have a deep look on balance sheet