Ugaz (natural gas) "short medium and long term"I never post a chart for this stuff but it is in such an incredible buying opportunity location right now that I just had to. There are so many huge gaps above and this is looking like such an easy wave count AND there has been two days of record volume in this last week alone that I cant ignore this. I really think this is at near absolute bottom. If it did not bottom on Friday then I think maybe in the next two days it could reach $8.80 range and then fly. 100% no problem.
On a side note....Oil is doing exactly what I thought it would do....give one more push up. ($54 - $55 range) I think that oil will have another couple days up as well before it starts a drop that could last a few months. GL
NGAS
Natural Gas Triangle Break Out (Massive Short Interest)
On this weekly chart, I'm looking for 2 more indicators:
1. Weekly close under 100 MA.
2. RSI Break below 45ish level.
We are targeting RSI running below 30 for the trade.
Can you spot the trend here Ngas is repeating the same pattern of the last year October
With winter coming, it is preparing to be bullish :)
Wait for the great buying opportunity next week or early november
Best of luck
LONG NATURAL GAS AT THE MARKET PRICE AND HOLD WITH PATIENCEWe have a Beautiful KBO Setup along with Regular Divergence.
Buy and hold patiently for Huge returns.
Cheers and God Bless.
Long Natural GasLong b/c of seasonality as well as technicals are starting to look good. Slow Stochastic just broke above 20 and MACD is about to cross.
Full disclosure, had a horrible entry and got smacked. Looking to get my cash back.
T1- first target
T2 -2nd target
*not advice & not a pro trader
Long NGASEverything mentioned in the chart
Wait for one more candle to have a better entry point
Best of luck
Short term on NGASAs i closed my previous analysis on NGAS mentioning that there is a bullish channel but it seems that its still in the bearish channel as shown in the chart
The possible price action is shown in the chart
Best of luck
NGAS - D - LONGDear traders,
Here is a new LONG signal on NGAS :
Entry : 2974
SL : 2827
TP1 : 3118
TP2 : 3352
GL HF
$NGAS W,D Wly Hidden BullDiv in progessW: currently under hidden bullish divergence, check for theorical Stop, Buy and Target level
looking at RSI for pot'l 2017 trend line break
D: end of bearish div. RSI shows current rez and sppt
Buy setup for NGASBased on our bullish assumption from the last chart, NGAS is offering a nice buy setup
Everything is in the chart
Best of luck
NGAS bullish perspectiveNGAS has shown a very bullish movement last week.
It correlates well with my previous chart.
Everything is mentioend in the chart. All the indicators are there for the bullishness. Just wait for the 3.1 price mark.
