Thursday, December 5, 2013

UNG Update

We've watched this stock probably longer than anyone as the first changes of character took place. Over the long time it has taken to build a base, I've said over and over that this is one of my favorite Primary bull trend stocks out there, but it will require patience. I call it a "Buy it and set it aside" stock.

I can't say for sure if our day is finally here, but it sure looks good.

 Look at today's Daily candle and volume!!!

More importantly, look at the daily 3C leading divegrence, that's a real beauty.

***If you feel like you might have been left behind, this one hasn't even made it to stage 2 yet, I figure $45 is the minimum target and probably a whole lot more, so a pullback would be nice and it will come.

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