Natural Gas was identified at around 4.1785 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 4.3737 level.
Natural Gas is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 14 days.
