Nat Gas poised for a bounce / Oil to $40/barrel

26 de mai. de 2020

Close as of Friday $2.73 a share
My entry is at $2.67 a share
I'm setting my S/L @ 2.56 a share (risking about 5%).. looking for about 20% upside in next 30 days. Could see some more consolidation early in the week but its poised to break up or down..

Areas of support $2.58-$2.61

PT #1 - $2.95 - $2.98
PT #2 - $3.16 - $3.19 - Highest probability short term target
PT #3 - $3.34
Other area of support / resistance are $2.85
If Nat gas and oil continue to be bullish on good volume i'll investigate more into lower PT's.
PT #3 - $3.59 - $3.62
PT #4 - $3.89 - $3.99

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26 de mai. de 2020

Nota

Great entry now.

26 de mai. de 2020

Nota

Don't see it sitting here at 2.71 - 2.73 much longer, breaking up or down.

26 de mai. de 2020

Nota

Consolidation continues

27 de mai. de 2020

Nota

Interesting to see where this one goes. Will S/L at $2.56

27 de mai. de 2020

Nota

Seems to always find its way back to 2.70... further consolidating. Going to coil like a spring

28 de mai. de 2020

Nota

Debating selling at break even now, think market might pull back 1-2 % tomorrow to consolidate.

1 de jun. de 2020

Nota

Trade is still active, rinsed for lower CB.

6 de jun. de 2020

Trade ativo

Targets 1 & 2 reached

18 de jun. de 2020

Trade fechado: objetivo atingido

Targets were reached :D