Watch the Falling Wedge on EQT closely. Trade with professional charting tools.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
A clear signal has emerged for EQT Corporation (EQT) on the daily chart. The stock is trading at $50.72, down 0.8% on the day. The primary technical feature is a Double Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $59.8, targeting $69.35 with support near $55.02 (R:R 2.0).
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