Still Long GAS | S&R Flip : Breakout Retest on Falling wedge
Natural Gas update
Still hold a position on Nat Gas as the potential weekly double bottom continues to be confirmed with 1st target price being on the neckline/ resistance line. The past week was mostly sideways, giving signs that the bull are now standing their ground over the bears.
Things to look out for
Disclaimer: Position open. (Natural Gas is still the widow maker).
Post not financial advice/recommendation
Still hold a position on Nat Gas as the potential weekly double bottom continues to be confirmed with 1st target price being on the neckline/ resistance line. The past week was mostly sideways, giving signs that the bull are now standing their ground over the bears.
Things to look out for
- Contract switch
- US Natural Gas Stocks Change
- Confirmation of the breakout from the falling wedge | Fakeout?
Disclaimer: Position open. (Natural Gas is still the widow maker).
Post not financial advice/recommendation
