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. 

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