Fundamentals
This is a leveraged play on Natural Gas. Antero is one of the largest U.S. suppliers of gas to the global export market.
NatGas got destroyed in 2022-23, and arguably is forming a long-term bottom.
Technicals
The weekly chart shows that
AR bounced from two-year-old support and printed bullish RSI divergence: 
The daily chart that since the low, AR has been following a clear upward channel.
This trade is to buy within the bottom half of this channel, with a stop under the previous Low. This is a long-term trade. As for levels to exit or swing part of the trade, there are many, starting with strong resistance at the recent High at $24.50. I've arbitrarily chosen the absolute previous high as the end of this trade. Really, since it's a #tradingtheapocalypse trade, macro-economic conditions will determine when we exit.
This is a leveraged play on Natural Gas. Antero is one of the largest U.S. suppliers of gas to the global export market.
NatGas got destroyed in 2022-23, and arguably is forming a long-term bottom.
Technicals
The weekly chart shows that
AR bounced from two-year-old support and printed bullish RSI divergence: The daily chart that since the low, AR has been following a clear upward channel.
This trade is to buy within the bottom half of this channel, with a stop under the previous Low. This is a long-term trade. As for levels to exit or swing part of the trade, there are many, starting with strong resistance at the recent High at $24.50. I've arbitrarily chosen the absolute previous high as the end of this trade. Really, since it's a #tradingtheapocalypse trade, macro-economic conditions will determine when we exit.
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🔥 Beyond Market Structure Paid Space is now live! is.gd/beyondMS
💰 Trade with me: is.gd/simpletradewithme
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🆓 All my free scripts: is.gd/simplefree
🔥 Beyond Market Structure Paid Space is now live! is.gd/beyondMS
💰 Trade with me: is.gd/simpletradewithme
🔥 Beyond Market Structure Paid Space is now live! is.gd/beyondMS
💰 Trade with me: is.gd/simpletradewithme
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.