clear bounce off top trendline resistance, not a very fast mover in general so i wouldn't bank on it breaking anytime soon. look for a dip entry around 15 in the near future ! :)
This is a weekly chart of Equitable Resources. 1st; It has broken a very long term down trendline. 2nd; there's a build up at the end of a 10 month range. 3rd; on the Daily chart, there's a "Eve & Adam" double bottom. Based on these chart pattern, I'm looking to go long when there's either a) a range on the Daily, which I'l look to enter at the low of the range...
Turned up in a scan using Heiken Ashi candles. Looks good for a quick swing trade into the 18 area next few days?
it seems that eqt price head the power resistance line , there are 2 senarios pass that line and go up or can not break that line and price go down we'll see Note to everyone: this is not a signal to buy or sell I just share my idea So do your best by make best decision I hope you have profit trade
I've been wrong before but this one looks juicy. I've had my eyes on it for 3 years. I'm not kidding. Take a look and let me know what you think. The idea is pretty basic but the gains look really attractive on her. Cheers
EQT Corporation is the largest producer of natural gas in the United States. Watch for a 17.55 break. A break would open 23.70 and 28 targets.
My idea is based on option volume and pattern analysis. According to options data from investing I see that on Aug 23 there is great volume of puts at 13. On Sep 18 main volume of options are set at 20. Both puts and calls. Volume on 1D chart indicate that we need more fuel. Hence, either volume would come nor price would drop to 12-13 range. So first I suggest...
Watch out the gap below. Not for a suggestion.
Bouncing off 50 day moving average Geometric formation (pennant) off the 50 day MA Beautiful rounding bottom formation with plenty of support connecting with the pennant On April 6th I published my case for natural gas possibly bottoming out. You could find it in the chart below. I think EQT is a MUCH better way to play a rebound in nat gas based on the...
The first is triangles with breaking and closing above 16.25. The second pattern is historical based on the horizontal line 16.25. I'll summaries, staying above 16.25 is positive for the next target 21.59. Not for a suggestion, just an Idea. Good-luck to holders.
EQT is a major producer of natural gas. I think there is a good change natural gas has finally bottomed. This chart looks very promising to me. I have taken a small long position today. Will add if we get break up out of the bullish looking flag on the daily and more if it breaks up out of the long term down channel. Have a good week. Process and trade your...
Today is expiration of Jun futures contacts for WTI supply. Hence there is one more chance that gas giant EQT make some speculative move on US oil producers default risk. Pray the devil for oil collapse :3