…a "Golden Cross" when the 50 day average crosses the 200 day average.
I have been following TA since 1973, not as long as some others, and many
times when the "golden Cross" occurs a stock is just starting an up tend.
We might be pleasantly surprised at a possible up trend for NG. Remember
that the market in general goes down in September and also is taken down
the year before our national election for president. The stock market usually
moves up during an election year. I would expect that we could see a
bottoming action happening soon. And a move higher into the Nov. 2016
election. Take a look at the P&F chart of NG and follow it closely for
NG's future direction. Technical proceeds fundamental stock action.