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New Downtrend appears for EQT after 1.12% move
On Wednesday, July 15th, EQT moved down 1.12% while volume was to 0.7× the usual levels. Multiple bearish signals emerged — New Downtrend, Lower Bollinger Band Walk & Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 48.77, 48.29 & 47.48, with resistance at 50.05, 50.86 & 51.34.
Current SwingTradeBot Technical Rating of EQT: F
This might just be the start. See what else showed up for EQT today.
Read full article here »