I bought couple thousand shares at $12.10. hopefully making some money tomorrow. 😎😎😎😎
Be careful buying UGAZ. If someone makes profit, then others have to lose
my 19 enter trading see the lights in the end of the tunnel finally?!😈😈😈😈😈
what? big guys are not grab enough Long shares for winter rally yet?
Please do note the fast UGAZ rally, clearly driven by the eclipse.
Also note the lack of all caps posting, with little mention of the temperature in some random city, as neither of those things drive this ETF price.
It's all about the eclipse.
VERY HOT IN NEW YORK TODAY UGAZ WILL HEAT UP AS THE DAY ROLLS ALONG.
Cmon UGAZ. Lets get some momentum and ride through Thursday's report!
This week UGAZ will be interesting...
UGAZ just broke above the 50ma for the first time since $21.
It may have to prove support in this area before moving higher
It is getting there.👍
The eclipse expected to crater solar power next week, so should see a big UGAZ rally.
Plus, it will be cooler without the sun, requiring even more NG!
GUSH and GASL catching a bid on expectations that the OPEC efforts are sustainably educing inventories, bringing the market back into balance. Could see some extreme low in the $14s, as the market shakes off the weak hands, but both have been beaten so hard recently, they may put in a solid run from here.
Feel much the same about NG. The dollar and yields seem to have reached a bottom, so a rally there could damper commodities, but the larger issue has been excess supply, compared to the slow and steady demand growth.
01/17/17 NG 3.490 .....UGAZ 31.78
05/12/17 NG 3.512 .....UGAZ 22.63
What's to expect now?
NG breaks 2.932 again today, WT.....😴😴😴😴😴
What would be the next move to UGAZ? Any taughts I will appreciate. Good luck everyone!
All I want is to break even at 14.69 where I got in.
what just happened prices just cratered
Natural gas markets initially tried to rally on Tuesday but found the $3 level to be a bit of a brick wall. NG fell rather significantly, reaching towards the $2.90 level. I believe this is a market that continues to be a “sell on the rallies” type of situation. Because of this, I’m looking for exhaustion to sell, and I think that the market will almost certainly go looking for the $2.85 level underneath given enough time. Beyond that, I would expect a breakdown below there longer term.
🐻 analysts turn to bull and said: a cold winter will deplete NG stocks quickly. NG heading for $5 per MMBtu level before the end of the winter. grab UGAZ with two hands and short dgaz same time. 😈😈😈😈😈
price very low now we are going to winter time i believe the NG price will be around $3.40 by December give about 50% up to the share my prediction around $17 by December
We are only 52 above the 5 yr on storage according to Celsius. In 3 weeks we should be 29 below the 5 yr average and under it every week for the next 4 weeks. I think we could be below the 5 yr average with storage as early as 3 weeks.
Keep shorting if you want, but basic economics show an increase coming. I think there is a real possibility of a late summer run.