Myst_Trader

UNG - why didn't I dare to buy?

Long
AMEX:UNG   United States Natural Gas Fund LP
UNG is really a leader that has fundamental reasons to be one.

But let's look at it technically- It was a inverted head and shoulders.

And there was an attempt to break the shoulder, but we got a strong reaction.

Was it possible to start a position there? I think it really MUST have been.

So, the price is gone, let's wait for more setups.

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