hcooper343

hcooper343

Natural gas has made higher highs and higher lows for the last 4 months. Most reversals showed an inverse head and shoulders pattern before running up to 30%

hcooper343 Updated 

For those who wanted a follow up on my UGAZ prediction here it is. The white line in the middle of the chart is the day I published my idea and everything to the right was unknown at the time. The reason it doesn't look the same is because I deleted the old chart but I remade it as best I could without making any changes for what was placed where. So enjoy :)

hcooper343

JNUG has been making lower lows for the past 3 months but a support has revealed itself at about $54. At the end of the wedge is a possible breakout which is most likely to be a bull run based off of the last breakout about 5 months ago.

hcooper343

Mu is showing a possible head and shoulders pattern and presenting a 25% loss in about 20 days

hcooper343

A reversal up to $20 is very possible for UGAZ, Given: Inverse head and shoulders pattern which is soon to be completed. Golden cross from the 160 and 40 MA could form soon. Dragonfly Doji. And 12 day MA is good. Offering 7:1 P/L ratio

hcooper343

UGAZ has been down-trending recently and now is consolidating. Winter is coming up soon so that will drive the demand of natural gas up. There is a near-complete inverse head and shoulders pattern 10 day MA is good. There is now a couple of dragonfly Dojis which is also good. Ultimately its showing signs of a reversal and is offering a 7:1 Profit/loss ratio which...