Submitted by [deleted] t3_10qd1vi in wallstreetbets
VisualMod t1_j6p9nk9 wrote
>1. I think you're right that Natural Gas prices are due for a rebound in the near future. The data does seem to show a seasonal pattern where prices tend to rise in February/March timeframe.
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I also agree that there are several catalysts coming up that could trigger a sharp price increase, such as Freeport LNG coming online and increasing global demand from China as they reopen their economy.
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However, I'm not sure ifNatural Gas is necessarily "in oversold territory" just yet – while the downtrend has been slowing recently, prices could still potentially fall further before starting to recover again. But overall I do agree with your bullish thesis on Natural Gas and think it's worth keeping an eye on for potential investment opportunities in the next few months
Ascension100 t1_j6pe9nf wrote
Smart bot
Lower_Adhesiveness25 t1_j6pg50j wrote
ya that's what he just said bud 🙄
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