United States Natural Gas Fund - ETF tracks nat gas
post #1 of 1352
7/24/08 at 5:09am
I started a position at $42.50 on Friday.
Just evaluating the fund on basic metrics, such as the RSI, MACD, STO's, EMA, etc, the UNG is trading nearly 12% off fair estimates.
I'm looking for the stock inch higher back above $50/share by October.
As a hedge, I bought the XLF common(5:1 spread).