Time to let go some NGAS

Updated
see weekly chart
Note
touching the support line (blue) , watch if it rebounds or falls through.
Note
A violent breakdown. Next week, it is likely to do a pull back before resuming heading south towards 2.208 level. Remember to take partial profits and adjust your SL accordingly.
Note
It hit the resistance at 2.45 nicely and pull back nicely. Hope you get it.
Note
a bearish engulfing candle provides much strength that the sellers need.
Chart PatternsTrend Analysis

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