Natural gas reversed from resistance at the 200-Day average, triggering a bearish signal and raising the likelihood of a pullback toward lower moving averages and untested support zones.
Natural gas surged to $3.49 on Wednesday, testing major resistance at the 200-Day average and ABCD projection. Buyers remain in control, but signs point to possible consolidation ahead.
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Key takeaways Dividend appeal depends on cash flow keeping up with debt Regulated gas utilities provide steadier growth than ...