UNG seems that has bottomed up and starting an uptrend. UNG bounced off twice from the 20D MA support and current chart shows a nice uptrend (in green line). Also take note that 20D MA just crossed the 50D MA, MACD and RSI are showing bullish signals too. Current price is a good entry level for long term investment. CLICK HERE for my previous introduction on this Natural Gas ETF (UNG).
United State Natural Gas Fund (UNG): Start Up Trend?
- Post author:Marubozu
- Post published:December 5, 2010
- Post category:US Natural Gas ETF (UNG)
- Post comments:0 Comments