NoFomoCharts

UNG - Natural Gas ETF - Potential Double Bottom Support Play

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AMEX:UNG   United States Natural Gas Fund LP
UNG (US Natural Gas ETF) has formed a double-bottom price pattern on the Daily chart.

The Price has found temporary support above $8.21.

Support Price Targets are: $8.21, $8.16, $7.72, $6.11.

Resistance Price Targets are: $8.99, $9.93, $10.97, $11.97.

UNG etf does not always correlate & follow technical analysis charts.

Be aware of global fundamental news changes regarding energy assets (government policies, corporate policies, supply & demand, etc).
Trade fermée: cible de profit atteinte:
Profit Target reached on 03/06/2023. Trade Closed.

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