NATGAS is turning bullish, with a good rebound from the weekly support. Currently NATGAS is extremely oversold on the weekly time frame.
NATGAS has yet to provide a golden cross on the daily time frame, however given the nature of this instrument is traded, by the time it would give a clear bullish signal similar to stocks, it would be too late to join the ride.
I am buying NATGAS from the current price around 2.50-2.62
First target price is 2.9
Second target price 3.2
Long term target is 4.5
All the best.
NATGAS has yet to provide a golden cross on the daily time frame, however given the nature of this instrument is traded, by the time it would give a clear bullish signal similar to stocks, it would be too late to join the ride.
I am buying NATGAS from the current price around 2.50-2.62
First target price is 2.9
Second target price 3.2
Long term target is 4.5
All the best.
Comment:
NATGAS is going higher in a good slow pace, lets hope for the best
Comment:
NGAS showing good slow progress.