NATURAL GAS - NatGas - LongSo after a deep down of price we can have a shortly pull back.
Attention about possibilities for a long continuation after the pull back .. or in case of deep change of global situation about e breakdown of price until 6$ area.
After the pull back could be more clear the wave situation
Final ((C)) is completed or not?
GAS
$BTCM swing trade 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Bitcoin Mining Company $BTCM today at $.275 cent per share. Our take profit is at $.36.
OUR ENTRY: $.275
TAKE PROFIT: $.36
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Natural Gas (Spot) weekly. NGThis weekly chart trend channel and wave count may
suggest the forthcoming trend of the Natural Gas price.
The last low at $5.4/MMBtu may suggest a bottom which
allows the price to trend higher in coming weeks.
However, we may see drop from current level of $7.03
to as low as $6 area before the uptrend may resume.
Oil & Gas to NEW HIGHSXOP - is in the same type of consolidation it has been TWICE prior to its' current location. It has already bounced off of $114 support level. I'm anticipating the price running to a resistance level of around $180 with a pull back which would launch it THROUGH the $180 level which it hasn't been over since 2015. If current market condition continue running its' course, $330 is very possible in 2024.
These are just observations and NOT predictions.
PCG: Can utilities stand the bears?PG&E Corporatio n
Short Term - We look to Buy at 12.25 (stop at 11.57)
Price action has formed an expanding wedge formation. This is positive for sentiment and the uptrend has potential to return. Support is located at 12.00 and should stem dips to this area. Preferred trade is to buy on dips.
Our profit targets will be 13.79 and 14.50
Resistance: 14.00 / 18.00 / 40.00
Support: 12.00 / 10.00 / 8.50
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$GUSH to $30 or soThe Fed has made it clear they need oil prices lower and they will continue to crush the market until we do something about it as traders.
In the Information Society we are no longer needing to control the masses through the tyranny of violence or the scarcity of resources. Its better to ensure we continue to grow globally.
The pyramid must continue to be built and gas is too damn high and thus demand has been destructed.
The head and shoulder pattern means only one thingNatural Gas behave erratically and its extremely chaotic. It likes to give you the assurance that you are in control while sneaking and stealing your money away. It shows a head and shoulder patter, an even double top pattern. All the technical markings are showing one thing, NG! is ready to reverse it's price action.
But when it's clear, too clear should you believe NG! I wouldn't. Technical analysis says NG should reach $5 but my gut feeling says it will try to rip you off one last time. I would expect the great crash around next January. Not now.
But if it happens now, make sure to stock up some for really good long positions during the winter.
NATURAL GAS PATH NOT GOOD!I found this weeks ago and you should be scary where the world is going.
SUPPLY AND DEMAND!
$CHINAH support should hold 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
This move will benefit $NIO and $BABA. They have been growing exponentially overseas in China and other countries. My team believes that the Chinese will continue to stimulate their economy financially in order to reverse the damages caused by the Covid-19 pandemic and lockdowns.
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Nat gas back to the 5'sFirst wave looks finished and now the C part of the ABC looks like it has started. Expect a swift move down to 5.50 (lower weekly BB area), but I think it would be a long term buy from there. Keep in mind however, there is steep monthly bear divergence now on this chart and the possibility that this is a long term top must be kept in mind. Either way, 5.50 should act as support in both cases.
Energy Natural gas idea (15/09/2022)Natural gas during the day.
The correction in wave 2 may be over, as the rise in the third wave has already started, and it may target a new level above 10.01, but this rise depends on trading remaining above the bottom of 7.532 as well, if trading remains above the bottom of 7.761, we may see an increase in prices.
$AERC back in after selling the top 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered interior air space purification company Aeroclean Technologies $AERC today at $10.60 per share. Last time we entered we didn't intend for it be a tradingview trade, but we ended up walking away with a 20.9% gain before it fell to its current share price. If $AERC starts running, we do not intend to hold it for very long. We would like to be out before Thursday.
OUR ENTRY: $10.60
STOP LOSS: $10
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Week Ahead: Gas demand weaker
* Oil Formed a descending Triangle. Giving more bearish confirmation of target of $60
* FED giving signs of another 75-point basis hike. Recession fears are bearish for oil
* Demand slows down worries due to China’s zero COVID policy and OPEC+ cutting production
* Energy Price Cap
oil gapped up from opening on September 4th. Extended 3% by September 5th. Then losing almost 10% of gains. Reaching the price of $90 on September 5th, and dropping to $81 on September 8th. Then ended the week with a 5% gain. Closing weekly at the lowest since January 17th starting week.
Crude oil inventories rose last week by 8.844 million. Indicating demand is weakening. It was expected inventories were to fall by just 250,000 barrels.
I am anticipating oil to gap down during opening today. I am waiting to see how it will react to this trend line if it is going to continue down. Broke out of the descending triangle. Looks like it came back up for the last touch
On Sunday, September 4, 2022, Russia announced the closure of its main gas supply pipeline to Europe. This spiked fears into the energy market. Both Natural gas and crude oil both gapped 1% before the closing of September 4th. Monday, September 5th the OPEC+ held a meeting. Production was cut by 100,000 barrels a day for the month of October. OPEC+ is already below meeting production. Supply fears pushed Oil up 5%. After oil digested the news it fell from $90 to about $81.14.
Concerns of sluggish global demand outweighed the warning of President Vladimir Putin about the potential withdrawal of oil form of Russian Energy. Also new COVID lockdowns in China. Chinese imports fell 9.8% in August. The OPEC+ cut was larger for Asia and Europe indicating weaker anticipated demand.
Russian President Vladimir Putin to halt all oil and gas supplies if price caps are imposed on Russian energy resources. Hours later EU proposed to cap Russian gas.
The OPEC+ cut was done due to the possibility of a nuclear deal between the U.S. and Iran. This deal is expected to release over 1 million BPD of supply into the market
$TPGTPG telecom LTD
Bullish Case
-Above the 2021 Yearly open. ( this is a weekly chart so need to view yearly chart to see 2021 YO)
-MACD Bull divergence
-MACD bullish crossover
-Above the bo line (Breakout line on daily)
Would like to see a pullback into the and below the breakout line to fake out all those who got long then starts the real breakout.
the FED meeting is on the 27th and anther rate hike while expected will drive another leg down in short term on Stonks imo.. watching closely.