sonidofranko

Falling Wedge On $UNG

Long
sonidofranko Mis à jour   
BATS:UNG   United States Natural Gas Fund LP
Selling pressure may be coming to an end on natgas

Some 10 year NATGAS seasonality charts suggest a bottom by
Mid-April and a top by Mid-June

Similar UNG seasonality charts indicate the same thing

Looking at the June 21st $13 - $14 - $15 & $16 calls

Get some!
Commentaire:
Still looking - I may wait a week on this trade.

Let's see if UNG reaches $13.80 - $13.90

Maybe go in next week. Peace
Transaction en cours:
Got the june 21 $14 $15 and $16 calls. Buy alert should show up.

It's broken out of this wedge yo.

Peace
Commentaire:
Next week, I may actually add more on any weakness...

I think this is gonna go boom.

Open gaps @ $19 & $21.9

Have a great weekend!
Transaction en cours:
I sold my June 21 $17 calls for a 125% gain
I still have $14 - $15 - $16 calls which are
doing nicely. I feel like there is more room
to run - nat gas to $2.4 to 2.6 levels and
ill start trimming.
Trade fermée manuellement:
closed positions - nice trade on this breakout

could have more room to go - but cpi and ppi
coming up scares me a bit.

the upper channel on this is $19 to $20. But I
just had to book profits. may entertain a short
position if it reaches that high.

good luck everyone
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.