First week of November has been the short past two years. Have been patiently watching this one and can see a H&S setting up. Major down TL on monthly ~6.5 otherwise large breakout
$UNG $BOIL $KOLD #NatGas #OOTT #Commodities #Trading
$UNG - Key Levels and Analysis
Would love to get one more good natty swing…
Sell target 21.28
Double target 15.72
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence.
If you want me to analyze any stock or...
In our last analysis report, we correctly anticipated the price to enter a consolidation phase
In the coming week, we anticipate one of two scenarios:
1. The trendline will hold and will pump the price to another top.
2. If we break the trendline and consolidate underneath, then we have a chance to go deeper into a medium-term bear market.
Trade with care.
Ok... so I started a 3% position here 😬
Look... I've made so much trading NatGas and lost most of it... LOL... so follow me at your peril... LOL
BUT... I feel that this might be a great place to start a position.
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on...
i have this shit circles(H&S) on my chart since a wile, yesterday i set a sell order at 5.55, and 10 min later i canceled it because of lack of confidence. i think ti will retrace to 5.46, but at this point it's just too risky entering, the perfect entry was yesterday.
will look for buy opportunities AFTER the bounce, could find floor at 4.80ish
Thank you to those who have responded so kindly and favorably to my postings on the JB 80C indicator that I developed (quite some time ago). The JB 8OC indicator is based on a simple but powerful concept. Specifically, in bull markets no matter what the timeframe, closing prices of a given time bar tend to be higher than opening prices. In a bear market closing...
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...
USOIL reached our short term price target of 72.50 USD today. We still remain bullish on USOIL. Because of that we would like to set new short term price target for USOIL to 75 USD per barrel. Our medium price target is 77.50 USD and long term price target is 80 USD.
MACD is very bullish as it performed crossover above 0 points and entered a...
$KOLD Target 33.99 for 52.28%
If you know anything about Natty and my setups with natty you KNOW this will happen… kind of like this… perhaps with a little adjustment.
I did add some yesterday but was unable to update... sorry y'all...
I really kind of miss UGAZ / DGAZ right now…
On the far right of the chart is my Average (Grey) Current Target...
One of the largest dividend payer on the TSX set to increase that dividend by the end of year/early 2022
They move 25% of nat gas in canada and us on top of solid portfolio of renewable assets
Doesn't get more blue chip stock than this.
I like to focus my portfolio on companies that are leaders in whatever field they operate in and have shown clear outperformance...
✅NATGAS broke the local horizontal key level
And is now retesting it form below
I think that a local bearish reaction is possible
Because gas is relatively overbought
So a correction is viewed as healthy
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If you check my profile, you will see my views on natgas and this correction.
I will buy the dip incrementally here. butt also beware about the volatility in natgas is high since consensus got hold of it after it hit 6.0.
I do not have enough data to model or forecast natgas price, but following the lines from a disappointingly ending for a show.
Winter is coming ...
Traders that have taken a long position on Natural Gas will have been feeling lighter than air for the better part of 2021. Remarkably, the trading price of Natural Gas has rocketed up 115% since the beginning of the year, outperforming price increases in other commodities currently sitting close to record highs, Oats (up by 63.83% YTD), Copper (up by 19.65% YTD),...
GASX has been making steady progress on its natural gas claims in Colombia and catalysts are just around the corner. As natural gas prices are exploding worldwide, it is yet to catch up to other plays in the space.
Bullish MACD cross is a technical buy signal. Notable pickup in accumulation. Stock price has moved above key EMAs. Could see a bigger move soon.