Natural gas idea for 17th July 2024, bullish.

17 lug

📈🚀 Bullish on NATGAS! 🌟

Hey everyone! 🙌 I’m analysing about natural gas right now! Here’s why I’m bullish:

Strong Support Zone: Found a solid support zone on the daily timeframe from around $1.5 to $1.9. This is where buyers have been stepping in recently, which is a great place for purchases! 🛡️💪

First Target (TP1): My first resistance zone (where I’ll take some profit) is between $3.4 and $3.7. This is where we might see some selling pressure, but if we break through, it’s gonna be a breakthrough! OBVIOUS?10000%!! 📈💰

Second Target (TP2): The next resistance zone is from $4.9 to $5.3. If NATGAS hits this, we’re in for a big win! 🚀💵

What happens next? Only God knows!

🔍 Okey, short story about what is backing up my theory:

Increasing Demand: With hotter weather and rising electricity use, natural gas demand is up! More AC means more gas! 🌞🔌 And don't forget about the upcoming winter ❄️🔥; heating needs will push demand even higher!
Supply Concerns: Global tensions with Russia, the Middle East, and Trump assassination affect supply chains. Issues are keeping supplies tight, which is driving prices higher. 🌍📉
Green Energy Shift: Even as we move to greener energy, natural gas remains a key player as a cleaner alternative to coal and oil. Your friend’s Tesla won't work without coal, oil, or gas! 🌱⚡
Overall, NATGAS looks super promising right now. Let’s keep an eye on it and ride the wave! 🌊

#Trading #NatGas #Bullish #Stocks #Investing #SupportAndResistance

Feel free to share your thoughts or ask questions! Let’s make some gains! 🤑🚀

24 set

Trade attivo

Bullish on NATGAS! 🌟 (Update)

Hey everyone! 🙌 I’ve been tracking Natural Gas since mid July, and there’s still a lot to be excited about. Let’s dive into what’s happening now:

Current Price: $2.841 as of September 24th! 🔥
Strong Support Zone:
The support zone I mentioned earlier (from $1.5 to $1.9) held up perfectly! We’ve seen buyers step in just as expected, and prices have rallied since. This remains a solid zone for new entries or accumulation! 🛡️💪

First Target (TP1):
We’re closing in on the $3.4 - $3.7 resistance range! This is where some selling pressure could occur, but if we break above, a major breakthrough is coming. 💰

Second Target (TP2):
Next, we’re still eyeing the $4.9 - $5.3 range as a key resistance zone. Breaking into this range could signal a huge move upward, and it’s our big win target! 🚀💵