UGAZ - Chart Link - been in the gutter,
though steep potential falling wedge
UGAZ - Chart Link - the 60 min has a
better look and a really nice look at the wedge possibly setting
up
just remember UGAZ is one volatile mother, widow maker as Steve
likes to call it, so keep your position size in accordance knowing
that, keep position size smaller than you would otherwise on a
similarly priced stock
I tried trading Natural Gas 8 years ago and almost lost my
shirt. Tremendous volatility. Not for the faint of
heart. Been in a downtrend for years. The Daily
chart does look promising, weekly chart is still too weak for my
taste.
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UGAZ comments
Posted by matt on 3rd of Jan 2020 at 02:22 pm
UGAZ - Chart Link - been in the gutter, though steep potential falling wedge
UGAZ - Chart Link - the 60 min has a better look and a really nice look at the wedge possibly setting up
just remember UGAZ is one volatile mother, widow maker as Steve likes to call it, so keep your position size in accordance knowing that, keep position size smaller than you would otherwise on a similarly priced stock
I tried trading Natural Gas
Posted by ssaffer on 3rd of Jan 2020 at 02:28 pm
I tried trading Natural Gas 8 years ago and almost lost my shirt. Tremendous volatility. Not for the faint of heart. Been in a downtrend for years. The Daily chart does look promising, weekly chart is still too weak for my taste.