Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Friday, March 11, 2011
UNG Natty Gas ETF Weekly Chart Falling Wedge Positive Divergence
UNG natty gas ETF showing a falling wedge and positive divergence so its on the launch pad. Chart shows that UNG has bottomed and upside targets 11.5, 13.0, 14.0, 16.5, 17.5 should be in play in the weeks and months forward. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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