Major Bottom in These Nat Gas Producers: CRK & SWN

With natural gas setting up for a possible parabolic advance (or likely elevated prices), I am looking for great set-ups in nat gas producers.

SWN:

These types of structures have multi-bagger written all over them.

Note

Seeing a lot of commodity stocks retesting major levels of support.

CRK is one example:

After a 70% up move from the breakout the stock dropped 50% to retest the breakout and some key MAs. This is a good candidate for a bounce trade here:

Nat Gas is also retesting key MAs here so we should see support in prices at these levels

Lanmar

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Lanmar