next guest taking a closer look at the charts here. Joining me now BTI market technician Jonathan Krinsky. It's good to have you back and a perfect reason to.What do you think here. >> Hey Scott. Yeah, so we were on a couple weeks ago talking about just when they launched the meme ETF which had gone dormant since November of 2023 and how the prior launch of it back in uh November of 2021 kind of marked the peak of that. And you know, so far, if we look at the meme index, uh it's pretty much coincided, the p ...

Group 1 - EQT is currently trading at $55.87, showing a 0.3% increase, but is struggling to recover from a recent decline from its peak of $61.02 on June 23 [1] - The stock has a support level at $55, which was previously a resistance level, and is following a historically bullish trendline just below this point [1] - Year-to-date, EQT shares have increased by 22%, indicating potential for further upward movement [1] Group 2 - According to Rocky White, EQT is within one standard deviation of its 50-day moving average, having been above this trendline in 8 of the last 10 trading days and spending 80% of the last two months above it [2] - Historical data shows that similar conditions have led to a 67% chance of the stock being higher one month later, with an average increase of 5.5% [2] - A comparable increase could bring EQT's price close to $60, nearing its record high [2] Group 3 - The current Schaeffer's Volatility Index (SVI) for EQT is 34%, which ranks in the 12th percentile of its annual range, indicating that options traders are anticipating low volatility [3]