COTW: My Analysis on UNG, Natural Gas: 8-26-09 Stock Market

http://www.tplinvestment.com Chart of the Week, UNG, using simple technical analysis, multiple time frames, Japanese candlesticks, moving averages, and support and resistance, from turning point life investment

Category:

Education

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• S&P
• 500
• option
• trading
• trader
• stock
• market
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• moving
• averages
• macd
• money
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• turning
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• life
• investment

[TomVu99]

I averaged down UNG at 14. 13 and 12. should I sell or hold? and I just realized that october's natural gas NGV9 is at 4.23 and NGX9 is 5.00 for december. what if it tanks back to 3 or lower? I dont want to see UNG at 8. or less. Should I sell now or hold? im comfused.

[SPYoptionstrader]

Unfortunately, I'm unable to give any trading advice. These are just educational videos. I would like to help, however, I'm not at liberty to do so. Hope you understand.

The only thing I can say is, if what you believe about UNG has changed, and it no longer fits your view of why you were in this stock in the first place, then maybe you should reconsider your position. Good luck.

[TomVu99]

Hello, Can you do analysis on GAZ. I think it's better than UNG because it follows closer to the real natural gas future.

Thanks

[SPYoptionstrader]

Absolutely, I'll have it ready by next week.

[TomVu99]

I sold all of my UNG and swapped it with SLV because the real natural gas future price keeps going up month after month and UNG didt follow suit but when they go down it also goes down. I think this stock is good for going short. Thanks for the advice