EQT trade ideas
EQT | Great Entry Point | LONGEQT Corporation operates as a natural gas production company in the United States. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, natural gas liquids, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.
EQT Natural Gas Domestic Player will Top Soon$50-52 in a week or two would be ideal
this is over-cooked and the macro-tailwinds can rapidly become headwind
anti-ESG sentiment is at all time highs
People are now conditioned to believe in a Fossil-Fuel Super Cycle, to protect them against failing Tech investments from 2021
EQT - Upward Above Middle LineEQT has broken above its dominant downtrend in red and above the middle line of this triangle structure formed
It is looking for a bull continuation pattern towards the top of the triangle structure
I have drawn this with multiple bars patterns
Bullish on this Weekly timeframe
EQT: Potential Cup & Handle in Natural Gas FrackerEQT is a natural-gas fracking company that’s benefited from Europe’s energy crisis. It may also be attempting a breakout.
The main pattern on today’s chart is the low near $31 in early July and the higher low above $40 one month later. The combination could be a cup & handle, a potentially bullish continuation pattern based on the previous uptrend.
Next, the second higher low occurred at the 50-day simple moving average (SMA). That may suggest intermediate-term momentum is turning bullish.
Third is the level around $46.70. EQT gapped below this line on June 13 when energy tumbled. It was resistance again in late July as prices rebounded, but then gave way in mid-August. Consider how the stock dipped below this line on Tuesday before closing back above it. Has old resistance become new support?
Finally, you have confluence with the orange 21-day exponential moving average (EMA). The combination of that potential support and the EMA could help traders manage potential entries if they expect prices to continue higher.
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EQT Flare-Off Top Somebody tell Toby Rice Sell Them SharesWhat Is Tragedy of the Commons?
The tragedy of the commons is an economics problem in which every individual has an incentive to consume a resource, but at the expense of every other individual—with no way to exclude anyone from consuming. Initially it was formulated by asking what would happen if every shepherd, acting in their own self-interest, allowed their flock to graze on the common field. If everybody does act in their apparent own best interest, it results in harmful over-consumption (all the grass is eaten, to the detriment of everyone)
Popular support for alternative energy has been very high for years. But it harms corporate profits.
The top is near for the fossil fuel energy mini-cycle, demand destruction will be the narrative this summer
EQT LongTrendline Break + reveist
Above Support Zone
10/27 earning
Entry 21.2
Stop 19
Target1 25
Target2 30
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
EQT Corporation USASun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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BUY to EQT CORPORATION DailyHey people, EQT CORPORATION is in a very important moment in its history we can witness a new historical high. It is in a fake downtrend with a low return on sales volume and a shooting star. In TIMEFRAME M1 we see a shooting star with a fake return of sales volume issued, it goes to its last low point. In order to fill its bullish breakout gap to make its swallow come back to test the different levels of the bollinger, then go to the VWAP and finish on the top of the stabilization zone to check it.
Strong propability to breakout the price with the momentum returning to both the area to arrive in one second and test the top of the bullish channel which is resistance in both views. Before correction for a new historical high after the retest of this info level thanks to the ELLIOTT wave.
Please LIKE & FOLLOW, thank you!
EQT to the upside!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 or b) on the Daily, it retraced to a near term support around 17.50 area or c) on the Daily, price retraced to near the 20 moving average. The target profit for this move is the resistance at 25 level, based on the Weekly chart. If you want to trade options, you can look to buy the 20 Call Apr 16 expiration.
If you have any symbols from any market that you would like me to analyze, just let me know and I'll be happy to do it for you.
