TAKE PROFITS AND EXIT NATURAL GAS ETF DGAZ IF STILL HOLDING $DGAZ $UGAZ $UNG $NG_F $BOIL #NATURAL GAS
This post was just published on ZYX Buy Change Alert.
If still holding consider taking profits and exiting DGAZ in the zone of $15.73 to $17.43.
The following factors are contributing to this call,
- Private forecasts of colder weather
- Stabilization in oil prices
- Jump in natural gas stocks
- Stabilization of coal stocks
- Options skew
- Terms structure
DOE inventory data, just released, favors DGAZ to go up. However, the other factors stated above may overwhelm the DOE data.
It is trading at $16.11 as of this writing.
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January 21, 2016