NG - Natural Gas is approaching a sell zone. Let the GAP close and look for a price near the 88.6 FIB level for a retracement down. As always, secure 20 PIPS! Share your thoughts. The Professor
NATTY is extremely overextended and finds itself on the 0.5 Fib retracement after accumulating a substantial bearish divergence on the 4hr. After breaking out of the cup & handle, it has yet retested those areas which it will IMHO. NATTY often peaks in the middle of May which is often followed my strong consolidation into May, before it really gets going in June/July.
✅NATGAS made a massive Gap up from the support But after the gap the price Immediately hit a horizontal Resistance level of 2.00$ From where we are already Seeing a bearish reaction And I think that we will see A further move down next week SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NATGAS has retested a massive Horizontal support level of 1.450$ And already made a rebound So we will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! NATGAS went up from the Local lows but will soon Retest the falling resistance Line from where I think We are likely to see A bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hi! NATGAS is pretty bearish, reading about a warm December, at least in the US, and overproduction. (reading headlines at naturalgasintel.com). So, I'm expecting price to break down at the test of this trendline, which could be a good opportunity to SHORT on this one. Have a great week ahead, and please comment if you have something good to add. Best...
Natural Gas has recorded a negative bearish divergence on the 4hr which I believe is the sign of a correction to retest the green base below. It had fired on all of it's cylinders yesterday which I believe was a dead cat bounce removing as many short sellers as possible. Shorting this time of year usually means commission from your broker - mine is offering 3%...
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.
So, we are back with another trend analysis and new support/resistance levels. We have had a major pullback from our latest resistance level of 3 back to around 2.8~. Which is fine, its natural. But I still strongly believe in a major bull run and upside in natural gas, which is why I believe we have to go higher, and we will in the last 2 quarters of 2023. We...
Every time when it touches it make new high..let see again this time.naturalgas, NG, natural gas
UNG & BOIL are looking poised to mive higher. Energy trade is looking very optimistic from a technical standpoint. This Bull flag target takes you to $3.25
We've seen NATTY with a similar but a larger set up prior to the huge bullish movement from 2020 to 2022. I believe that we'll see a retest of the 2.400 area before making it's move higher. Let me know what you think.
With the current clima, demand for natural gas for AC-cooling, there is a good foundation for a bullish move in Natural Gas. 1. Lets see a move upwards to the 2.8 2. Maybe a slight pullback 3. And then the big move towards the 3-3.05 level Also bakced by the fact that Buffet have bought into LNG so lets see if the trend can hold. Good lucK!
If you wanna take a trade on NATURAL GAS, maybe before that, you need to conisder this KeyLevels of support and resistance areas. Careful with shorts until on daily is bullish / upptrend + August and september is coming , when de big companies refreshes their stocks for the winter
Natural gas, which fell sharply from $ 6.5 to $2 is trying to recover again. During this process, critical levels were determined. These levels appear at $2.10, $3.50 and $5.50. As long as it does not fall below the $2.10 level, I can say that the $3.50 targeted buying opportunity in natural gas continues.
Huge sell of occurred after breaking it's previous support, turned resistance. I'd be looking to buy of the resistance @ around 2.050 with the aim of it reaching the broken support. If it finds resistance there then we might see a H&S pattern emerge which could be severely bloody. With recession peaking over the corner, this could well play out. Just my...
Is WTI going to suffer the same fate as Natural Gas ? Endearingly referred to as Natty ? Well the good ship Natty got REKT last week. The long side which was overcrowded, overleveraged caught the "to da moon" bagholders off guard . Stunned whilst spitting out the kool aid they were seen gasping for air when the dead cat bounce rocked the boat ., Natty...
Natural gas is increasing in value due to several factors: the unprecedented wildfires in Canada that are ravaging the country and are disrupting the production throughout the province of Alberta; Reuters also reports that Russian pipeline exports had declined 11.4% this month compared to April’s average, putting an additional hold to the fuel supply. The RSI is...