When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
GAZB - Natural Gas Gets Set For Prime Time: Tracking A Possible Rally Until February 2021
Barclays Bank PLC
Natural gas, the "widowmaker," may be in a situation where a new price cycle to the upside has begun (see chart below). For us, at Predictive Analytic Models ((PAM)), natural gas made a cyclical bottom on June 26 at $1.482 at the NG nearby contract. We will lay out the case of a move back to, and beyond, the $2.7652 five-year average of NG price, and probably beyond.
Natural gas has been rallying for several weeks, and the so-called "test of the low" retraced 50% of the recovery from the June 26 low. That downside