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
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🆓 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
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.