The 8 or 9 EMA could be a target over time, which is generally a
target on daily RVM plays,
there was an open gap from 24th that was filled as a target,
there's also another open gap from 21st.
AT this moment looks like a bull flag could appear on
consolidation, but still consider locking something in. I would
have locked some in on that gap fill at 19.5 range personally
Thanks Roger
DGAZ 60 Updated View
Posted by steve on 26th of Sep 2018 at 01:43 pm
Thanks Roger
I second Roger's comment. For
Posted by lsherrer on 26th of Sep 2018 at 02:53 pm
I second Roger's comment. For once, with your heads-up, I was able to buy DGAZ just as it triggered. Now... how far is it going?
The 8 or 9 EMA
Posted by matt on 26th of Sep 2018 at 03:01 pm
The 8 or 9 EMA could be a target over time, which is generally a target on daily RVM plays,
there was an open gap from 24th that was filled as a target, there's also another open gap from 21st.
AT this moment looks like a bull flag could appear on consolidation, but still consider locking something in. I would have locked some in on that gap fill at 19.5 range personally
I view all pull backs
Posted by roger on 26th of Sep 2018 at 03:25 pm
I view all pull backs as buying ops for NG though b\c the quarterly cycle is oversold and putting in a possible right shoulder.
This would explain the recent strength of UGAZ , UNG, ect