Naturalgas : Technical View : 15.11.2019
* On the daily chart, the price glittered 3.92% in the last session.
* Moreover, the price has sustained the 38.6% retracement level of it’s prior up trend, which
indicates bullish strength in the counter.
* Also, It has shifted above the 50*200 days SMA’s, which signifies bullish strength.
* Momentum indicators RSI(14) has been moving at the level above 50, which adds more
bullishness.
* With these technical analysis; we expect bullish move on the counter.
* Moreover, the price has sustained the 38.6% retracement level of it’s prior up trend, which
indicates bullish strength in the counter.
* Also, It has shifted above the 50*200 days SMA’s, which signifies bullish strength.
* Momentum indicators RSI(14) has been moving at the level above 50, which adds more
bullishness.
* With these technical analysis; we expect bullish move on the counter.