My Analysis on UNG stock, Natural Gas 6-25-09
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Uploader Comments (SPYoptionstrader)
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I just came across this. The chart looked like a classic head and shoulders where there were attempts by buyers to push it up, but there was too much selling pressure. Of course, I have the benefit of hindsight here. It went down.
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I sold UNG at $16 a couple of months ago, my portfolio really dodged a bullet.
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The volume is not right for a proper triangle.
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is it time to buy UNG now?
the real natural gas expired at 2.9 and for the next month is at 3.28. now what if it goes down more and more?
whats your advice on UNG now?
thanks
TomVu99 2 years ago
I've posted a new video about UNG on my channel, check it out. Thanks.
SPYoptionstrader 2 years ago
you enter the triangle and leave the way you enter...down some more?
hongisto24 2 years ago
Yes... only if it's a true triangle, then we can get more downside.
SPYoptionstrader 2 years ago