Longer Term Trading Plans for UNG
- Buy UNG near 16.04 target 19 stop loss @ 15.99
- Short UNG slightly under 19, target 16.04, stop loss @ 19.05
June 29, 2025, 07:50 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy UNG near 16.04 with an upside target of 19. This data also tells us to set a stop loss @ 15.99 to protect against excessive loss in case the stock begins to move against the trade. 16.04 is the first level of support below 16.54 , and by rule, any test of support is a buy signal. In this case, support 16.04 would be being tested, so a buy signal would exist.
The…







