National Fuel Gas Company operates as a diversified energy company in five segments: Utility, Pipeline and Storage, Exploration and Production, Energy Marketing, and Timber.
NFG completed a six-month consolidation before breaking out in October. After retesting the breakout and bouncing around the 50 day average, the stock made a run for new highs and surged higher on 4x the average volume.
Although the RSI(2) shows the stock overbought, notice that it stayed overbought for the better part of September and October.
Woody …. how bout a chart of EMC on the PG with your expectations.
Thanks, 8
PG? I leave that place for the proletariat. I only post there to give grammar lessons, or when it needs an influx of man-style writing and charts.