IvanLabrie

NGAS: Keep an eye on support here

FX:NGAS   내츄럴 가스 (헨리 허브)
$NGAS could resume the uptrend here, and might be an interesting setup if we get a bottoming pattern in the daily chart . I took a small risk aggressive long on Friday, and will monitor it to reenter if stopped, if this trade remains valid. Upside is significant, close to $5, in the long run, but it might a while to base around here firs, which would be a great thing to observe take place within the next 3 weeks.

If for some reason we are to break support, we could see rapid fall to the low volume support level outlined in green. If we do test that, that'd be a low risk long opportunity, and also a do or die situation for bulls, so, don't hesitate on going long with a tight stop if that level is retested. In this timeframe on chart, I'd like to see the bar close above support, and form a smaller range bar, and eventually break a previous bar high, before rallying again. This can take the shape of a consolidation after a rapid spike in the daily, which would be great, since it would give us further low risk long opportunities.

Cheers,

Ivan Labrie.
코멘트: Support isn't holding, I don't see a clear long entry here yet. I'm flat.
액티브 트레이드: Bam the strongest support -green box- held!
I'm long from near the low.

코멘트:

Bam, we 100% nailed this.

Holding with break even stop. I'll add on dips with a tight stop.

Nice extra confirmation: https://www.bloomberg.com/news/articles/...

'Contrarian headline' signal.
매매 수동청산:

Banked for now. Will reenter on dips, or if we break the resistance above.
코멘트: We broke the resistance, so, we reenter longs on dips after today's close.

매매 수동청산: It's better to wait until July or maybe the end of the year to try to catch a rally in $NG.

Like it.
응답
Looks great from yesterday.
응답
Make sense, thanks Ivan.
+1 응답
Thanks Ivan
+1 응답
Thanks Ivan for the details, can you let me know ETF or stock to trade this?
+1 응답
IvanLabrie keshavreddi
@keshavreddi, I usually trade it with CFDs. I wouldn't know which ETF is best, or which stocks can act as a good proxy. Perhaps long Russian stocks, like Gazprom?
응답
IvanLabrie IvanLabrie
@IvanLabrie, My bad, it's one dividend per year, 5.1% yield. Not that bad actually, considering earnings.
응답
홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 사용안내 차트 특징 프라이싱 하우스룰(내부규정) 모더레이터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 Help Center 기능 개발/개선 요청 블로그 & 뉴스 잦은물음 위키 트위터
프로화일 프로화일설정 계정 및 빌링 트레이딩뷰 코인 나의 서포트 티켓 Help Center 공개아이디어 팔로어 팔로잉 비밀메시지 채팅 로그아웃