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Natural Gas Nears Double Bottom! Here Is The Trade...

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

The commodity natural gas has collapsed over the last few weeks. At the start of January 2017, natural gas was trading as high as $3.75. It now trades at $2.60. This is a insane drop of 30% in less than two months. As natural gas collapses, investors should be ready to buy the double bottom low of $2.47 from February 2016. There should be a hard technical bounce, maybe as much as 20-25% higher.

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Commodity natural gas nears double bottom on stock chart


This article was written by Jenny Rebekka for on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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