Hey,
I think NATGAS is oversold. The price has dropped some 30% from the top, partly because 2% of the US demand abruptly seized, as Freeport LNG had an explosion, and are delaying restart of the facilities.
Never know what happens in this volatile market, but as long as the conflicts between Russia and the west continues, I believe NATGAS is going to continue upwards soon. Be careful though!
Kind regards and God be with you,
Thomchris777
I think NATGAS is oversold. The price has dropped some 30% from the top, partly because 2% of the US demand abruptly seized, as Freeport LNG had an explosion, and are delaying restart of the facilities.
Never know what happens in this volatile market, but as long as the conflicts between Russia and the west continues, I believe NATGAS is going to continue upwards soon. Be careful though!
Kind regards and God be with you,
Thomchris777