NATURAL GAS
UGAZ - Who wants to be a billionaireWhen you make enough loss in an 1x ETF time to switch to the 3 x leverage little sister at the bottom.
Time to take the advantage of the collapsing dollar in something what is printing the bottom in these moments.
Natural Gas -after shorted to death- is printing a 4,9% rally today.
UGAZ had a capitulation volume last Thursday.
This is the place where I want to be heavily invested.
Natural Gas Long term approachHello ladies and gentlemen. This will be my first idea, hopefully a successful one so i decided on not quite the most exciting thing such as Nat gas. Currently very oversold and much of it burning and being wasted at the wells according to many news sources.
Please note the Divergence on the indicators; how the the current lower price of $2.28 does not correlate with the Stochastic indicator Not registering the new low. This is a weekly chart so i think we may see $4 to $7 dollars in a few month.