NG - Oversold and due for a rally

Updated
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
Trade closed: stop reached
SL hit @ 2.21, will wait for new entry now
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer