financetom
Technology
financetom
/
Technology
/
Natural gas price approaches from the target – Forecast today – 12-6-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Natural gas price approaches from the target – Forecast today – 12-6-2024
Jun 12, 2024 2:00 AM

Natural Gas Price Analysis Expected Scenario Natural gas price continued forming bullish trading, approaching the second extra target at 3.200$ level, affected by the positive factors that are represented by the main stability above the support level at 2.880$, besides the continuation of the positive momentum that comes from the main indicators. The price might be forced to form some sideways trading until its success in surpassing the 3.200$ level, to open the way for resuming the gains, to expect forming the next main target at 3.500$ level in the current period trading. Expected Trading Range Between 3.030$ support and 3.330$ 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 >
Decoding Applied Mat's Options Activity: What's the Big Picture?
Decoding Applied Mat's Options Activity: What's the Big Picture?
Aug 9, 2024
Financial giants have made a conspicuous bearish move on Applied Mat. Our analysis of options history for Applied Mat revealed 27 unusual trades. Delving into the details, we found 40% of traders were bullish, while 59% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $358,741, and 19 were calls, valued at...
Abu Dhabi's ADQ, Sotheby's majority owner Drahi to invest $1 billion in auction house
Abu Dhabi's ADQ, Sotheby's majority owner Drahi to invest $1 billion in auction house
Aug 9, 2024
DUBAI (Reuters) -Abu Dhabi wealth fund ADQ and Sotheby's majority owner Patrick Drahi will invest $1 billion in the auction house in a deal that will see ADQ acquire a minority stake in the company, the fund and Sotheby's said on Friday. French-Israeli billionaire Drahi, who founded telecoms group Altice, has been struggling with soaring debt costs because of a...
DevRev raises over $100 mln in Series A, joins AI unicorn Club
DevRev raises over $100 mln in Series A, joins AI unicorn Club
Aug 9, 2024
Aug 9 (Reuters) - Customer relationship software firm DevRev has raised $100.8 million in series A funding round from Khosla Ventures and others, as interest in firms utilizing artificial intelligence continues to grow. The latest funding round has brought the Palo Alto-based company's valuation to $1.15 billion, marking its entry into the unicorn club. WHY IT MATTERS The AI boom...
$1000 Invested In Guidewire Software 10 Years Ago Would Be Worth This Much Today
$1000 Invested In Guidewire Software 10 Years Ago Would Be Worth This Much Today
Aug 9, 2024
Guidewire Software ( GWRE ) has outperformed the market over the past 10 years by 2.46% on an annualized basis producing an average annual return of 12.99%. Currently, Guidewire Software ( GWRE ) has a market capitalization of $11.97 billion. Buying $1000 In GWRE: If an investor had bought $1000 of GWRE stock 10 years ago, it would be worth...
Copyright 2023-2025 - www.financetom.com All Rights Reserved