I think technicals suggest we could be seeing a huge bottom in 
NGAS here, I'm long from this spot, aiming for a retest of the monthly mode resistance above, which will probably send the price sideways for a long time but can eventually result in a strong rally out of this zone, aiming for a surge towards $4+.
Very interesting chart, and certainly not moving together with anything else, which makes it a very good trading instrument to follow.
Cheers,
Ivan Labrie.
NGAS here, I'm long from this spot, aiming for a retest of the monthly mode resistance above, which will probably send the price sideways for a long time but can eventually result in a strong rally out of this zone, aiming for a surge towards $4+.Very interesting chart, and certainly not moving together with anything else, which makes it a very good trading instrument to follow.
Cheers,
Ivan Labrie.
Trade fermée: cible de profit atteinte
Target was hit right on time, even the consolidation period matched my views...and it peaked there as well. Looks like we could revisit the long side soon.
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Publications connexes
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.