financetom
Technology
financetom
/
Technology
/
Natural gas price achieves the target – Forecast today – 17-5-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Natural gas price achieves the target – Forecast today – 17-5-2024
May 17, 2024 1:38 AM

Natural Gas Price Analysis Expected Scenario The natural gas price succeeded in renewing bullish attempts yesterday, leveraging major indicators that provide positive momentum and the stability of the $2.240 support line, reaching the first main target at $2.520. Forming additional support at $2.410 suggests the likelihood of renewing bullish attempts, easing the mission of resuming the bullish attack and achieving new gains that might start at $2.710 and $2.880. Expected Trading Range Between $2.440 support and $2.710 resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Foxconn's aim is cooperation with Nissan, not acquisition
Foxconn's aim is cooperation with Nissan, not acquisition
Feb 11, 2025
NEW TAIPEI, Taiwan, Feb 12 (Reuters) - Foxconn Chairman Young Liu said on Wednesday that the company's aim is cooperation with Japan's Nissan ( NSANF ), not acquisition. The struggling Japanese automaker is again at a crossroads after backing out of negotiations with bigger rival Honda ( HMC ) last week to create the world's No. 3 automaker, a deal...
US chip toolmaker Lam Research to invest over $1 billion in India
US chip toolmaker Lam Research to invest over $1 billion in India
Feb 11, 2025
BENGALURU, Feb 12 (Reuters) - U.S.-based chip toolmaker company Lam Research ( LRCX ) said it will invest over 100 billion rupees ($1.2 billion) in the next few years in India's southern Karnataka state, the latest boost to the nation's plans to bolster its semiconductor ecosystem. During an 'Invest Karnataka' event on Tuesday, Lam Research ( LRCX ) said it...
Dan Ives Says Palantir Could Be Next Oracle Or Salesforce As AI Boom Drives Massive Software Spending, Highlights 8-10x Multiplier Effect
Dan Ives Says Palantir Could Be Next Oracle Or Salesforce As AI Boom Drives Massive Software Spending, Highlights 8-10x Multiplier Effect
Feb 11, 2025
Wedbush Securities analyst Dan Ives predicts Palantir Technologies Inc. ( PLTR ) could emerge as a dominant force in the artificial intelligence software landscape, comparing it to industry giants Oracle Corp. ( ORCL ) and Salesforce Inc. ( CRM ) . What Happened: In a CNBC interview on Tuesday, Ives highlighted the multiplier effect of AI infrastructure spending, noting that...
Foxconn's aim is cooperation with Nissan, not acquisition
Foxconn's aim is cooperation with Nissan, not acquisition
Feb 11, 2025
NEW TAIPEI, Taiwan (Reuters) - Foxconn Chairman Young Liu said on Wednesday that the company's aim is cooperation with Japan's Nissan, not acquisition. The struggling Japanese automaker is again at a crossroads after backing out of negotiations with bigger rival Honda last week to create the world's No. 3 automaker, a deal that would have been the latest major change...
Copyright 2023-2025 - www.financetom.com All Rights Reserved