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June 24, 2009

UNG : Support level is key !

The recent breakout of UNG (United Natural Gas) fizzled a little bit,but is still above the prior resistance line that has now become support ! However,if  UNG goes below this support level ($14.20) then the bullish case for natural gas will "naturally" fade away !

UNG : United States Natural Gas

Ung

Posted by Serge Farra at 12:01 PM in UNG |

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