WaterlooHawk

WaterlooHawk

Natgas nicely follow the big and small trend lines.

WaterlooHawk

If it has a strong bearish candle today, it might go down to 6.7-sh, before moving upward.

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Similar to NASDAQ on Aug 16, picked and triggered a dowdowntrendterwards. It touched the dotted trend line on several occasions.

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This upper trend line seems worked so far. On Aug 16 touched, on Sep 12. On Aug 16th, it went above the line but was triggered by S&P for a down-trend.

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We are still in a down trend and next week probably see a significant decline toward the following support line, hopefully.

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On weekly timeframe, 26 Oct 2020 was the highest point of an uptrend started 22 Jun 2020. Later, it had a correction up top 61.8% fibo or $2.62. Similarly, the highest point was on 4 Oct 2021 for the uptrend started 21 Mr2021. Now, it is going to have a correction if 61.8% of fibo, it would be $4.03 (might be by Dec 7). By the way as a person short on gas, I hope...

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Not the natural gas contracts are for Jan 2022. Sine the weather forecast predicts a warmer than expected winter while Dec would be severe winter, the trend is bearish for now. If commercial use decreased due to covid concerns, and asian (who paid more for the NG) demands slow down, the total demand goes down drastically. Meanwhile, we may see prices around $4.00...

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It seems still down-trend in a four-hour time frame. When there is a drastic shift in the price/volume on each side, the channel to go up/down will shift accordingly. I'm just observing and not sure about the scientific term for that.

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SVM is in an uptrend and will catch targets at $6.36. It may pull back toward $5.76, but it has strong support around $5.7. I wish you luck!

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NaturalGas needs to break the support line with a larger red candle to prove its bearish trend. In this case, the support will turn to resistance. But, if it's failed, we'll have a bullish trend up to 5.3, 5.6, 6.0. The first two (dashed-orange lines) play as pull-back to down-trend lines, and the latter (goldie) is resistance. Since the weather became warmer on...

WaterlooHawk

NaturalGas needs to break the support line with a larger red candle to prove its bearish trend. In this case, the support will turn to resistance. But, if it's failed, we'll have a bullish trend up to 5.3, 5.6, 6.0. The first two (dashed-orange lines) play as pull-back to down-trend lines, and the latter (goldie) is resistance. Since the weather became warmer on...

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USOIL breaks the resistance that previously has a pull-back from (i.e., $83.71). If it holds above the resistance line today, it may gain $85 by noon tomorrow. The USOIL goes up and establishes its position, then relax for a little bit. Then it hikes to a new top, e.g. $87.5 or even higher $90 and a loose couple of dollars after. This way, we may see $90 by the...

WaterlooHawk Updated 

Oil nicely moves in the zig-zag up-trend toward $100. Meanwhile, it should first break $85 psychological resistance if it can stay bullish this week. Then, if all other conditions remain the same (OPEC+, shortage, gluttony), it will move to climb on a higher price.

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BB is a long swing trade to get good profit. It has short term up-trend for now.

WaterlooHawk Updated 

OCGN has swamped under $7 for five to six times since Jun 2021, and every time jumped afterwards to at least $7.50. The minimum gain is about 5-10% for a day or so.

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Natural gas is one of the most volatile so far. I have a bearish position. The natural gas will relax until mid to end of October; then, it starts a new rally to regain $6.5 and probably $7.

WaterlooHawk Updated 

I followed OCGN for a while. As a rule of thumb, whenever it reaches below $7, you will see a good profit afterward. However, the general trend is downward.

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Under Armour should jump toward $22 soon before its investors cool off. UA has an excellent product even if wall street does not like it. Students, athletes, and youth like UA as much as they like Nike. The products are elegant, sporty, and trendy. The primary sale season is in Sep; the same time school is being open. The investors need an excellent report of...