$NGAS W,D Wly Hidden BullDiv in progessW: currently under hidden bullish divergence, check for theorical Stop, Buy and Target level
looking at RSI for pot'l 2017 trend line break
D: end of bearish div. RSI shows current rez and sppt
NGAS
Buy setup for NGASBased on our bullish assumption from the last chart, NGAS is offering a nice buy setup
Everything is in the chart
Best of luck
NGAS bullish perspectiveNGAS has shown a very bullish movement last week.
It correlates well with my previous chart.
Everything is mentioend in the chart. All the indicators are there for the bullishness. Just wait for the 3.1 price mark.
Still like to long for NG if Ihr candle close above black TLStill like to long for NG if Ihr candle close above black TL
NG at Good Support, consider for Long-1hRNG at Good Support, consider for Long
At 1hr Chart- Just At 200 MA-1Hr
RSI below 25
RSI divergence
At trend line support
Good Risk to reward
NG at Good Support, consider for Long-1HRNG at Good Support, consider for Long
At 1hr Chart- Just At 200 MA
RSI below 25
RSI divergence
At trend line support
Good Risk to reward
NGAS needs a good correction to go higherReferring to my previous analysis, we are on our way again
Lets see what will happen this time
Look out at the retracement point as it will define if we will get a new high or not
Short USD/RUB ABCD PatternFinishing ABCD Pattern, I expect oil and gas rebound from bottom that will help RUBLE for sure!
NGAS stuck between technicals and fundamentalsNGAS is lacking a healthy correction.
Everytime it tried to get one, its retraced by fundamentals
Lets see how it goes this time
Some comments on the chart
Just my opinion. Not an investment advice
Long on the long runNGAS didn't have a great summer, but the fundamental supports the continuation of the upside momentum.
I expect the chart will "breath" a little bit before the rally will continue, so today (15/8) we might see some profit taking but tomorrow the rally will continue.
Natural Gas ReversalLarge volume and a wick after an extended down move in Natgas. Also forward curve is bullish relative to spot price. Don't buy UNG because of the roll decay, buy the spread NGH2018-NGJ2018.
Head and shoulders pattern forming in natural gasCritical support at 2.53 region, break below would see further down side for NG.
2 trading scenarios:
1) Anticipate a sell-off with a half sized short position now with stops at 3.5 and load the remaining half after the break below 2.53.
2) wait for clear confirmation to break below 2.53 and short on pull back.
NGAS - D - LONG - TDIOn daily NGAS is asking to be bought. It could be a trap like it has done before, but this time Daily TF suggest that it should continue to go up.
Entry : 3097
SL : 2909
TP1 : 3248
TP2 : 3411
TP3 : Sky is the limit
GL HF
NaturalGas NG Bullish SetupNatural Gas or NG is forming a nice bullish setup on the daily time frame. We can see that the price has already broken the upper range and is now touched a resistance area. When looking at the Stoch indicator theres enough buying pressure left.
This info combined with the forecast EL Nino and hot summer are strong bullish fundamentals for NG
Will we see Natural Gas upside momentum?It is struggling with the 300MA but finds support at the trend line, the fundamentals supports the upside momentum as the site "Celsius Energy" estimates Ngas to be undervalued by 8%.
Nat Gas forming a clone?Natural gas looks to be forming a replica of itself, and if history repeats its in for a significant fall.
SHORT NGASLooks like head and shoulder pattern on long term chart. break of 2.88 resistance area could see natural gas head to 2.5-2.6
Long DGAZ based on RSI div and the wedge brekout. Fire NGAS!Look forward for further NGAS downstream action.
