NG at this stage is way too oversold and the current price makes no sense at all. When storage was constantly on the rise, we were sitting near $3 and now its slowly coming back to the average and we're down to below $2.5?
Plus hurricane season is on early and the heat to push demand up.
Oh and its an election year as well
Buy @ $2.46
SL - $2.21
Target 1 - $3.2
Plus hurricane season is on early and the heat to push demand up.
Oh and its an election year as well
Buy @ $2.46
SL - $2.21
Target 1 - $3.2
Trade closed: stop reached
SL hit @ 2.21, will wait for new entry now
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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.