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11 dec 2014 16:51

NGAS - Potential BUY Lång

Natural Gas (Henry Hub)FXCM

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The NGAS has entered a symmetric triangle after several weeks of decline, the market has approached the lower limit of the triangle, which could indicate a BUY if limit holds up. This is further supported by a -51B US NGAS stock change for this week (vs. -45B predicted) as well as a bullish MACD pattern emerging. Look for upwards break of the triangle which could indicate a new bullrun for NGAS.
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