Replies to post #18920 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[dude iligence]

I bought some UGAZ $15.3s Monday when NG dropped down to $2.62 touching the dec 50ma. If it holds above the 50ma, bases it could get a trading range bounce. A revised colder forecast could break it out. If it drops below the 50ma with any authority my stop limit will trigger.




Things ng has going for it.

Its relatively cheap for this time of year

A large short position

Lots of eager beaver newbie NG traders wanting to relive 2018