Over the last 2 months, UNG has dropped from the $24 level, down to $22 and now it's back up to $24. In the last week, we can see the price consolidating at the $24-$24.50 range and is looking to pop higher.
Next level of resistance is at $27, which is a range of ~13%.
The C&H can be seen on both price, RSI and Stochs. Keep an eye on this, if RSI starts to turn up, jump on board because it'll be ready to rip shortly.
GL
Next level of resistance is at $27, which is a range of ~13%.
The C&H can be seen on both price, RSI and Stochs. Keep an eye on this, if RSI starts to turn up, jump on board because it'll be ready to rip shortly.
GL
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.