Well, I told you folks to beat me up the next time I bought UNG, so get your steel-capped boots on.
I have avoided UNG for a long time, but I found this daily chart – – and what I believe is a double-bottom – to be compelling
I also like the intraday graph. I think this might be good for fifty to sixty cents of upside. That sounds small, but it would be a decent return on a relatively quick trade. I'm into UNG at 6.88 and it's already showing a 1.28% profit in my account. My stop is 6.78.
