May 28, 2009 May 28, 2009 By charlie In , ,

Twitter Ticker ($UNG)

UNG090528Today’s StockTwits chatter was dominated by the big move in natural gas. Down nearly 80% after falling for nine CONSECUTIVE months, UNG is beginning to show real signs of life. While it is too early to say the bear market is over in this sector, a new row of X’s and a monthly close higher would go a long way to improving the long term investment opportunity in this space. A target of 25 seems inconceivable, but stranger things have happened.

1 Response to Twitter Ticker ($UNG)

  1. TrackingCR says:
    May 28, 2009 at 9:13 pm

    UNG to 17.5 in 2 months , or sooner

    sma20/50 crossover on daily; first time since July 2008