You would see from the link we have a fantastic sell down for NGAS from 2.8 to a low of 2.275.
By drawing the bearish trend line, you would see that the price has broken out of it at around 2.368 which present a great buying opportunity. Did you take it ? I hope you did.
Price meets some resistance at 2.505 and is now faced with two options :
1.Break the resistance and continue to go higher
2. Breakdown either from the resistance (on 2nd attempt) or from the right handle (pink parallel line).
By drawing the bearish trend line, you would see that the price has broken out of it at around 2.368 which present a great buying opportunity. Did you take it ? I hope you did.
Price meets some resistance at 2.505 and is now faced with two options :
1.Break the resistance and continue to go higher
2. Breakdown either from the resistance (on 2nd attempt) or from the right handle (pink parallel line).
