EQT coiling........................ still love feb 60s. kmi reporting this week, big catalyst. call buyers there, maybe some love for EQT will come around..
EQT trade ideas
Bearish Setup with multiple time frame resistance$EQT is in a bearish consolidation pattern. A bearish setup with a multiple time frame resistance has setup now.
EQT - Possible LongEQT is at a support level (lower channel), will be watching closely for a bounce to go long (shares or calls)
Classic Rounded Bottom (Sharp upside rally may soon happen)Today's price action is indeed worrisome and the inside bar is a weakness, but in general, there is a bullish rounded bottom that has formed last few weeks. The Rounded Bottom represents a slow and gradual reversal of the trend from down to sideways to up. Volume diminishes near the bottom as the stock trades within a range and finally bursts as investors become more decisively bullish. While rarer than other reversal patterns and often longer term, Rounded Bottoms usually mark a major turnaround. Just wait and see if price breakout from 98.98 area which buy point. You can also check out if you are interested in real-time alerts www.2waytrading.com
More all time highs coming ?Looks ready to pop, 4.2 million shares held by old Steve and was still buying as of 03/31.
