ProfitablePattern

Bought $NFX cheap & levered to $UNG nat gas.Set to ramp higher

做多
NYSE:ECA   None
$ECA got $NFX assets dirt cheap and is now a nat gas and oil powerhouse. Nat gas has been ripping higher and $ECA has not participated as it digests the acquisition. This gives a great opportunity to buy in at a steep discount and I am looking for a minimum 20-25% move higher as an initial target on a gap fill to $10+ from $NFX purchase.

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