Comments on: /NG UNG Nat Gas 2nd Price Target Hit 4-28-25

By: rsotc

rsotc — Mon, 28 Apr 2025 22:25:32 +0000

In reply to Bockfarms1.

I just covered both in a video that should be posted shortly (6:30pm ET).

By: stockninja

stockninja — Mon, 28 Apr 2025 19:12:10 +0000

It’s a scary market to try to short when these dips get bought up aggressively for no rhyme or reason.

By: rugiii

rugiii — Mon, 28 Apr 2025 17:10:04 +0000

BOIL volumeleaders shows accumulation… and we are above major dark pools…
https://x.com/VolumeLeaders/status/1915529497002098730
70-73 should be a level to watch if reached…

By: Bockfarms1

Bockfarms1 — Mon, 28 Apr 2025 15:59:11 +0000

Hi Randy, any chance you could quickly touch on coffee and wheat when it works for you. Thanks

By: rugiii

rugiii — Mon, 28 Apr 2025 15:56:56 +0000

In reply to rsotc.

Great…thanks… my analysis says minor highs, higher than 2025 high purely based on cycles, which also depends on velocity and wave patterns…. targeting > 5.00 on spot nat… beyond that wait and watch…lets see…cheers

By: rsotc

rsotc — Mon, 28 Apr 2025 15:52:47 +0000

In reply to rugiii.

I think there is a decent chance that /NG can go to the $6.00-6.40ish level this year although I don’t have enough confidence in that to have a trend position tucked away holding out for that target like I did last year & earlier this year for my preferred trend target of 4.90 which is where the bull trend (so far) ended. My preferred at this time is to swing trade nat gas, long & short, based primarily off the 60 & 120-minute intraday charts but again, I’d put decent, not great but decent, odds on a run up to that 6-6.40 longer-term potential target that I was highlighting last year & earlier this year.

By: rugiii

rugiii — Mon, 28 Apr 2025 15:11:26 +0000

Rp, do u see prices for natgas going to this years highs? Any thesis based on ur analysis? Would like to know either reasons, yes or no. I have long dated long options.