InvestingScope

Natural Gas: Well supported on 1W. Buy opportunity on pull back.

לונג
NYMEX:NG1!   חוזים עתידיים גז טבעי
Natural Gas is so far respecting the 2.530 support on 1W and since last month's bottom has been developing a bullish sequence on 1D (STOCHRSI = 75.364, ADX = 37.193, B/BP = 0.0580). Since it is still largely neutral (RSI = 52.420, Highs/Lows = 0.0000) there will be another chance to buy, for those who missed it, with a pull back within 2.750 - 2.700. Our target is 3.055.


See below the long term outlook:





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