In less than two weeks, our prediction that Natural Gas would move lower into our “basing zone”, between $2.00 and $2.20, has come true. Natural Gas has fallen into our expected basing/bottoming zone and traders should be looking to target low price entries as the extended setup of this base...
After an incredible rally in Natural Gas that our researchers called perfectly in November 2018, another opportunity for an upside price move appears to be setting up for later this year. We believe the current price lows, near $2.30, are setting up for a bounce and then will drop and form a basing pattern...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
06-11-2019
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Filed under: market, technical, analysis, Stock, fibonacci, traders, natural, ng, gas, basing, zone [Edit Tags]