Can Sell below 138.60 with SL 140.60 Target 136.20-134.10-131.20
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Can Sell at CMP 130.30 with 131.30 SL
Target 0.70-1-1.5 POINTS
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
The price has reached its lowest resistance and is ready for bouncing back with much strenght until it's reach 2.380;
we pay close attention there because if it succed to break above, then we are heading to 2.871
We've been highlighting the bottoming process in Natural Gas for months and now we're finally getting a breakout. Prices stabilized above their 2016 lows of 115, momentum stayed out of oversold territory, and prices are confirming a trend reversal by closing back above the August 2019 lows of 145. As long as prices are above that level, we're looking for further...
The NATURAL GAS price will likely make his support between 1.05-1.15, there is no BUY to be done until this area.
Note also that the latest time the price reached the 1.05 was in 1992.
