Aug. 11 at 2:35 AM
EQT Corporation
$EQT (8h)
Bullish Flow: Option sweeps are pounding the Ask across multiple LEAP expiries, using minor spot weakness to build massive long exposure. With
$3.6B in total liquidity, net debt slashed down to
$5.5B, and
$622M in stock repurchases already completed, institutional money is treating this channel consolidation as a prime high-conviction launchpad. 🐂 💧
Bull Key Level:
$54.50 (Bull confirmation to hold above immediate pivot and maintain buyer control) 🐂 🔥
Bear Key Level:
$45.00 (Deeper macro demand floor for total channel invalidation) 🐻 ⚠️
Targets:
$60.00 /
$66.00 💰 🍺
Why: Volume profile analysis reveals an immense accumulation node built between
$50 and
$53 acting as ironclad downside support. Holding higher lows on the 8-hour timeframe keeps the macro Wyckoff structure primed for a clean run into upper channel targets.
#eqt | #naturalgas | #stocktrading | #optionsflow | #technicalanalysis | #hovdid
