Natural Gas was identified at around 3.7895 having recently rebounded of the support on the 15 Minutes data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 3.8933 level.
Natural Gas is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 3 days.
