NATURAL GAS - NatGas - LongRetest of 0,61 unitl leg 1
double bottom above support area -- false break out with recovery of price livel
.. potential upside for the next move.
NAT
NATGAS BULLISH SETUP LONGNATGAS is making a rebound from the support level of 2.42 so I think that we will see a further move up.
H&S on NATTY 12% Drop imminent?H&S Pattern has developed on natty with a potential 12% drop for some huge gains.
Once broken and retested, I would put a put order in until the targeted area, until then we wait and watch.
nat gas divergence spotted at potential supportfrom decline, to sideways, thats how trend end and change.
shifts in moment tum are often seen as divergences in the indicators. odds not guarantees of course.
Risky Long From Trendline NATGASFollowing the substantial decline in price today, it is expected that we may see a retracement. This is a common occurrence after a large price movement and is often an opportunity for traders to enter the market or adjust their existing positions. It is important to carefully analyze the price action and consider multiple factors, such as market trends, fundamental analysis, and technical indicators, when making any trading decisions.
Nat Gas Short Opportunity?Monthly technicals strong downward momentum, MACD cross, RSI plent room to go down, KOLD is a ETF inverse NAT GAS
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.
Jun 3,22 NG Sell Again if it hits 9?I thought price action would fall all the way down to 8, but it didnt. It came down to just under 8.2.
Congrats to all who took your profits then!!
I was out at the time so I missed the price change back up.
Now that price is basically back where I started, it might try to touch 9 again which is where I will put in another sell order.
I moved my TP to 8.2 as that is the new support level.
This might now happen till next week sometime.
Stay safe.
Heiko
Nat Gas Should Hold Support @ $6.5The natural gas market has been supply constrained ever since the Russian ukraine war started. The war is significant to the natural gas market because Russia is the worlds 2nd largest producer of natural gas. Russia also holds 20% of the worlds natural gas reserves. NAT GAS is trading above a crucial 10 year resistance level around $6.5, we broke this level around April 13th. Since breaking that level we saw NAT GAS trade up to $6.5, now we are seeing NAT GAS come back down to this level, I believe we see this $6.5 level hold and NAT GAS move higher
Nat gas best entry pointnat gas is in the correction area, sill fundamentally will go upwards.winter is coming
NAT - Long SetupHere’s another pretty setup, I’m taking a long here. Descending channel....bullish divergence on both oscillators on the weekly time frame. Too pretty to pass up.
NAT Technical Analysis 🧙Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.
If you understand the idea,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
INTERESTED IN BUYING NAT? WATCH THIS ANALYSIS (93% profit?)NAT has been falling drastically in price for the last 6-7months, after it was hyped up through March and April for the record low oil prices. After the oil prices started to rise again, NAT has just been going DOWN, showing no strenght what so ever.
Many people are interested in this stock because of the high dividend it's paying out which currently sits at stunningly 24%! If this is good or bad for the company can be discussed.
Now let's look at the technical of this stock. NAT are currently in a long lasting descending channel. Price is currently at 3.06, and as you can see price got rejected at the horizontal and trendline resistance. Its not ready to break out yet. I think we will have another leg down to about 2.30-2.50, where the blue box is placed. This level is probably the best place to enter NAT if the price resumes up. Because of the horizontal and trendline support at the 2.30-2.50 zone.
So how high do I think the price will go from there? My target is around 4.82. That's the zone where the price started to go into a descending channel and we also got strong support up there.
This is the absolute best and safest place to enter NAT in the following weeks/months, If the price breaks below this level price will probably enter a consolidation like January 2018-September 2019.
If you like this analysis and find it helpful, please leave a like! Appreciate any feedback, and sorry for bad English :3
NAT GAS CRASH trend possible - the best low coffee timeNAT GAS CRASH trend possible - the best low coffee time
Nat gas looks to get a breakdown trend - 2.60 possible as net trend.
NAT GAS - HUGE BREAKDOWN TRENDNAT GAS looks to have a new coffee time at low side.
This depending on the last trends/news
- Expecting rage. 2.40 2.50 take great coffee time.
Follow/like
NAT is very close to reversal point at 3.25$ and 2.5$NAT is very close to the reversal point at 3.25$ and 2.5$
Every 4 - 5 months theres a surge in NAT stock price
UNG - Got Gas?
This two year chat shows a 77% drop in Nat Gas from the high to the bottom - looks like the worst is over.
Use the red line as an ambitious target which the 2 year average price.
If you discount 25% for the 2020 Experience still looks like there is some up side - $17 - $18
NAT - IDEAIF WE BREAK RESISTANCE. IS THIS THE MEASURED MOVE WE CAN EXPECT ? OR DOES IT DROP SOME AND GIVE US A CUP AND HANDLE ? LET'S SEE
