Wednesday, October 17, 2007

Natural Gas Gaining Momentum

NG daily time frame
Natural gas continues to gain traction today following a gap through the 200 DMA several days prior. Concerning our junior natural gas driller GST, the stock as well seems to have broken out of its month long basing period. Todays 10% movement represents a >10 than fold volume surge. This move isn't quite that startling with all the conspicuous accumulation by institutional investors during the last quarter.

GST daily time frame

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