We could see a move up in Natural Gas this week based on some indicators that I will explore in this idea.
*Not financial advice* Looking for a bounce in Natural Gas.
Amazon is finding some major support here. Look for a short term bounce this area.
*Not for financial advice. For educational purposes only*
AAPL is moving in to a really nice area of support here. Could be a possible swing trade idea.
It looks like Natural Gas could find some support here. Might consolidate or it could have a nice bounce here depending on if it finds support. Also depends on the weather this weekend and supply as well.
I think that the NG price may continue to head down for a little bit. It looks like it may push through this current support around $5.3 (although it may have some small support here) and then head even lower. You can see the price should find some support from an old trendline and price levels around $4.80. I'm looking at that area as a place where we could do a...
Natural Gas had a huge drop, then a big bounce (3 day bar surge!). It looks like it has hit resitance again and may fall into that lower bear target area.
Here is a quick video of some things I'm looking at on the NQ1 at the end of the day today. Using the FIB retracement chart and some trendlines to point out some interesting levels.
Here's an idea for the upcoming BTC price levels. Looks like we may see some resistance around the 46.5 - 49K zone. Strong support around $30K and super strong support at $20K.
Here is a projection of where we could end up if we are going to continue this bear market trend. June 21, 2022 would could see a price target of 3720.
Looking at the current breakout for GOLD, it's possible we could see a nice retest of former support and a nice bounce up to the next level.
Here are some possible buy areas for TSLA if it loses it the support of this spot here.
Gold has formed a cup and handle pattern on the weekly chart. Current support is at 1790 and 1770 Looking at possible resistance at 1850, 1880, 1920, 1965 and 2080 Based on the current economic conditions (inflation, etc.) and the TA on the chart, I’m personally looking for a bullish move from this ‘handle’ to a move that will take us over the 2080 resistance...
We are looking at the support and resistance lines for the QQQ for the week of Feb 7 - 11 2022. It looks like we could see some movement up to the 363 area where there could be some resistance there. If it breaks through this resistance there is the possibility of movement to 370. If there is resistance we could see some moves down to lower levels where we may...
Taking a look at the daily chart for oil . It looks like it is right at the top of a megaphone pattern. If it holds this top line we could see a return to the bottom of the pattern around the $63 - $70 range.