NGAS Dont miss this long and Make sure you have the patience
Updated
Hi there,
NGAS is forming a very nice opportunity for a longer-term to buy.
Price is trying to break up for reversal but still struggling because we are having a lot of NGAS supply in the market and less demand which is driving the NGAS price lower
Soon we will see the balance in supply and demand and price will shoot up. The average cost per cubic feet is 2.50. So some businesses are underwater on this spot price. So it's a great buy opportunity. Which should not be missed.
The question is how long it will take glut to wipe out from the market. So need some patience on NGAS buys.
Good Luck and don't forget patience pays.
NGAS is forming a very nice opportunity for a longer-term to buy.
Price is trying to break up for reversal but still struggling because we are having a lot of NGAS supply in the market and less demand which is driving the NGAS price lower
Soon we will see the balance in supply and demand and price will shoot up. The average cost per cubic feet is 2.50. So some businesses are underwater on this spot price. So it's a great buy opportunity. Which should not be missed.
The question is how long it will take glut to wipe out from the market. So need some patience on NGAS buys.
Good Luck and don't forget patience pays.
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