EQT Energy/Oil & Gas sectorEQT made a strong green weekly candle and pushed back near the 20 SMA. This shows solid bullish momentum after a period of consolidation.In my opinion, it looks like a solid setup for a medium-term trade (1–2 months). If the momentum continues, a realistic target could be around $60.
NOT FINANCIAL ADVICE.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.