Comments on: DGAZ Final Price Target Hit for 28% Gain

By: rsotc

rsotc — Wed, 25 Sep 2019 15:45:33 +0000

In reply to dayoub. Not as an official trade, at least not right now but I do think that reversing to long at that support level on /NG (or buying UGAZ), especially with the divergences in place plus how nat gas looks on the longer-term charts, was/is objective (I reversed /NG to a long. Min. target just below the 2.599 R &T2 just below the 2.610 R level although I may just trail up stops & let it run).

By: rsotc

rsotc — Wed, 25 Sep 2019 15:41:30 +0000

In reply to modic. I think so. That is nice support on /NG plus bullish divergence in place.

By: nostaticatall

nostaticatall — Wed, 25 Sep 2019 14:05:30 +0000

Excellent call on a difficult commodity to trade. I rode it up with a trailing stop and I’m out now.

By: dayoub

dayoub — Wed, 25 Sep 2019 13:57:49 +0000

thanks, i sold a little early but cannot be sad about profit…… I also want to know if you are going to run with UGAZ if it sets up…. I hit the last UGAZ run followed by the DGAZ, maybe I should take a rest and not push my luck!

By: modic

modic — Wed, 25 Sep 2019 13:51:33 +0000

Time to reverse?

By: Docs_Holiday

Docs_Holiday — Wed, 25 Sep 2019 13:46:28 +0000

Great call. Thanks!