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Benzinga

Business

Mark Putrino

THE TRUTH ABOUT: Is this natural gas etf breaking out | History Defined

The price of natural gas has been moving higher. And if it continues to do so, shares of the United States Natural Gas Fund, LP (NYSE:UNG) should breakout and follow along.

A resistance level is a large group of investors who are all trying to sell at the same price. UNG has a resistance level at $19.00.

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