Let's check the charts again.
In this daily bar chart of EQT, below, I can see that prices of EQT dipped in late May for traders to go long. Prices have subsequently rebounded in June to make new highs for the move up. EQT has broke out above the 50-day and the 200-day moving average lines. The On-Balance-Volume (OBV) line has been weak until this month. The Moving Average Convergence Divergence (MACD) oscillator turned bullish in April.