NG to enter up trend on weekly chart, buy on dips

7 Mar

Both indicators - stochastics and VI, are strongly oversold on weekly chart and there is a clear bullish wedge pattern. NG may touch 200. Buy on dips. Right now at 161 is a buy.

18 Nis

İşlem aktif

NG is now near a very long term support near 130. From its current price of 142, it cannot go down much, a good buy now. It is a buy opportunity on every dip. Long term trend will be bullish. It can cross 200 in next few months.