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Friday, 10 November 2017

EQT Corp (NYSE: EQT): 10 November 2017, Friday, 10.16am Singapore Time

EQT Corp (NYSE: EQT): 
10 November 2017, Friday, 10.16am Singapore Time
(Click on Technical Chart Above to Enlarge)

Attached is the technicals for EQT Corp listed in the US Market (NYSE: EQT). This is in tune with the following theme: "US-China Cooperation and Oil, Gas and Energy Deals of November-2017".

There existed strong buying and weak selling for the whole of three months before Donald Trump's visit to China and just before the Oil, Gas and Energy Deals struck with China (refer technicals on chart). There is also a high volume break-up of mid-term channel now -- bullish. EQT Corp will rally for the short term, mid term and long term. EQT Corp will rally for the rest of 2017 and the whole of 2018. 

Donovan Norfolk Ang Technical Rating:
Strong Buy

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