Verified Investing on $UNG (Nov 2, 2026)

Uh next up into NAC gas. NAC gas started out the day, guys, in a very rosy situation, pushing up, getting through not only this previous support, this previous support, too. This inclining trend line.

You can see price action on that wick was nicely above inside this this wedge pattern. But you see the slip and slide that occurred all throughout the day pushing price down under where price closed on Friday.

So bad news is two scenarios of bad news. We weren't able to hold either one of these previous support levels. The good news, we already hit them. So the next time we go hit them, they're weaker and weaker as far as resistance and the more likelihood we can get back above them.

So while there's good, there's also bad on the chart and we're settling back near the recent lows. Ultimately, this doesn't confirm a breakdown either from this inclining trend line nor this horizontal trend line.

So m very much kick the can into tomorrow. Now the positive on this chart is th even though we have this sideways consolidation. We've got this one green candle displaying buying pressure and developed this large wick on the daily time frame showing that this level at least in the near term was being supported amongst this sideways consolidation.

So that is the glimmer of hope. We'll see if NAC gas can continue to attack uh this 308 as well as tomorrow it will be $3.13.96.