broke through all SMA and trend resistance in a single daily candle.. you don't see that often.
scenario 1: push into resistance zone and see big pullback after 👀
scenario 2: push past resistance/11.79 and we see 20-100% more upside 🟢
After years of back and forth regarding the Mountain Valley Pipeline, Equitrans Midstream Corporation (NYSE: ETRN) finally got the green light after the debt ceiling deal. Following the news, ETRN stock made a record gain of more than 40%. Furthermore, OPEC Plus has announced further oil production cuts, increasing global gas prices, which may push ETRN stock even...
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
Equitrans Midstream Corp
Short Term - We look to Buy at 9.43 (stop at 8.63)
The medium term bias remains bullish. We look for a temporary move lower. Support is located at 9.40 and should stem dips to this area. Support could prove difficult to breakdown. Dip buying offers good risk/reward.
Our profit targets will be 11.13 and 12.00
Resistance: 11.14 /...
ETRN is completing the last leg of the C wave of the flat correction. I believe we are going to get an irregular flat with inner subwave 5 of the C wave terminating at 78.2% fib level.
Found these guys last night and did a little DD. Sounds like they are a natural gas transportation company who's stock has been held down because they keep delaying one of their main projects. With that being said, natty gas prices are soaring (+100% YOY) while this ticker is actually down over that period of time. Earnings coming up, and MACD looks to be crossing...
8.24 current dividend yield. has bullish divergence. many oil stocks have already moved. this one is lagging i assume from bbad earnings. that mat change with crude going up.
Ladies and Gentlemen Welcome to another edition of FrancoBlanco's Dreams. This is just one of those assets that the institutions would advise for us to avoid, the questions on my mind are why? I Did some research and found that $ETRN in the short term MACD Indicator is Bullish. I would highly suggest for every interested party to do their own research. This should...
Business Description
Equitrans acquired EQM Midstream in mid-2020, consolidating the midstream family. Equitrans now own EQM assets directly versus just unit ownership. EQM Midstream provides gathering, transmission, and water services to primarily Appalachian producers in Pennsylvania, West Virginia, and Ohio. After the transaction, EQT will own about 6% of the...
