ChartLine

8.5K posts

ChartLine

ChartLine

@NycStock

New York, NY Katılım Aralık 2022
265 Takip Edilen855 Takipçiler
ChartLine
ChartLine@NycStock·
#natgas - Today $KOLD will close green for the 5th consecutive day, only the second time that has happened since last Oct. (It has not closed green 6 straight times since last Oct).
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ChartLine@NycStock·
@SeanNicol Agreed. My two cents is that a 6th straight green day for KOLD (or red for BOIL) is increasingly unlikely, but only Monday will tell. Either way, I am staying flexible and could go short natgas again next week.
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King in the North
King in the North@SeanNicol·
@NycStock 6th day during Shoulder season is possible but I think with holiday, 50:50 sideways until report
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ChartLine
ChartLine@NycStock·
#natgas : Watching for possible $KOLD near term double- top resistance at $24.95 (per 5-min candles since May 6)
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ChartLine
ChartLine@NycStock·
@SeanNicol That was my hope last Friday morning, until it went to $3.85 on no news whatsoever.
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ChartLine@NycStock·
@SeanNicol Trying to be cautious but $3.34 seems like an over-correction.
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King in the North
King in the North@SeanNicol·
@NycStock 4 straight triple digit reports next week and bigly Gap up May 28th .. I’d be cautious
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ChartLine
ChartLine@NycStock·
@AnalysisOp Agreed. And after selling $KOLD yesterday (too early), just went back to $BOIL as I think natgas is now oversold near-term:
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Alex
Alex@AnalysisOp·
@NycStock Imagine shorting natgas at lows $3s at the gate of Summer heat with an important supply-demand gap and more LNG demand incoming
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ChartLine
ChartLine@NycStock·
#natgas - As always, aggressive momentum betting on natgas proves dangerous. It was dangerous to short it under $3.20 three weeks ago and it was dangerous to go long last week over $3.70. It's a freakin commodity, not a meme stock.
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ChartLine@NycStock·
$CLF now forming 2 consecutive Hammer candles. Shorts are officially f--ked.
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ChartLine@NycStock·
@jslamat At the end of the day, you have the most pro-steel POTUS in the White House since FDR and WW II. Goncalves is f--king this up.
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Jimmy Slamat
Jimmy Slamat@jslamat·
@NycStock SPECULATIVE OPINON: "Someone" is listening to you and messing with you always keeping $CLF share price depressed underneath your highlighted key levels... $7.26 as of now since it closed above $7.30 yesterday.... 🍿👀
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ChartLine
ChartLine@NycStock·
$CLF - today is critical to see if we can bottom wedge at $7.30 (daily chart for last one year)
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ChartLine@NycStock·
@jslamat Problem now is that the Dow rally may be over, and as the Dow retraces, it will pull Cliffs down with it.
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ChartLine
ChartLine@NycStock·
#natgas : the 8-hour RSI since Sept 1. Now back below the 15.00 extremely oversold level:
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ChartLine
ChartLine@NycStock·
#natgas : The 2-hour Slow Stochastic since April 21
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ChartLine
ChartLine@NycStock·
@BabyGotGas Yep! What got me mad was a video over the weekend where the analyst droned on about natgas "certainly" heading up to "the next resistance" at $4.12, but not even discussing the fundamentals. Idiocy!
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ChartLine
ChartLine@NycStock·
$CLF Cleveland Cliffs - formed a Hammer daily candle (a/k/a Dragonfly Doji)
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ChartLine
ChartLine@NycStock·
$CLF - the 2-hour candles since August 27. Has it finally bottom-wedged, despite all the heavy shorting for months?
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ChartLine
ChartLine@NycStock·
$CLF - today is the thinnest volume day since before the earnings release. With liquidity now lacking, how can the 70 milllion short shares ever hope to cover before the next bullish-on-steel Trump Truth Social post?
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