KozakHlib

$EQT can rise in the next days

NYSE:EQT   EQT Corporation
Contextual immersion trading strategy idea.

EQT Corporation produces natural gas.
Due to the oil prices falling, the natural gas industry can make more revenue this year.
Lower oil prices mean less new oil wells.
Less new oil wells mean less natural gas production.
Less natural gas production means higher natural gas prices — finance.yahoo.c...-companies.html?.tsrc=r.

Due to these conditions, the natural gas producers' share prices can rise in the next days.

So, I suppose the $EQT price will be rising in the next days. So I am going to open a long position, but wait to be more confident

Information about entry price, stop-losses and take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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