Thermal
Startring to short natural gasNatural gas was off my radar for obvious reasons. I am starting to think it is getting ridiculously over priced and perhaps some noob hedgefunds have been already short squeezed or in the process of being squeezed.
My plan is to short now (3% at my portfolio) and if we go the the next resistance, around 8.5$ I will commit another 3%.
Target take profit around 5$.
I mean the war can go on for a long time. But then we have the summer and I have some hopes by the May 9th, where the Russians have their parade they will say we have won the war and end it :)
NOT A FINANCIAL ADVICE
Remark Holdings Strong Pre MarketBroken trend line EOD Friday does not concern me; just normal dip before close/weekend. Pre market has easily regained the trend and is holding strong above support. Possible dip buy opportunity near open around 1.02 - 1.04 area.
Looking at
PT1 1.18-1.20
PT2 1.34-1.36
10 minutes ago
Comment: Forgot to mention the large amounts of accumulation last week.