Morning Trend | ET continues to increase volume and reach new highs, main forces accelerate their positions, short-term opportunities emerge?
Energy Transfer LP (ET) has recently seen a continuous increase in trading volume, with both price and volume rising during the session, setting a new high for the phase, and the liquidity of funds has improved. As a leading oil and gas pipeline company, community discussion has noticeably intensified, with significant signs of bullish funds clustering together. In the short term, the main force is accelerating its positions, attracting a lot of trend-following funds, and the technical indicators' suppression is gradually being lifted. The industry fundamentals benefit from U.S. oil exports and the expansion of energy infrastructure investment, and the market generally expects the company's new business to release future growth potential. The daily K-line has closed with two consecutive bullish bodies; if it continues to increase in volume and firmly holds above the previous high in the morning session, the window for a main upward wave may reopen. However, in the short term, if there is a pullback after a rise, one should be cautious of the risk of concentrated profit-taking at high levels, especially if the trading volume expands abnormally without effectively breaking through new resistance areas. The key is to observe whether the intraday volume can continue to replenish, as the rhythm of the rebound and changes in fund divergence will determine the sustainability of this round of gains. The trading strategy suggests closely monitoring the main force's behavior during intraday trading, avoiding chasing highs and selling off during dips, and appropriately adopting a strategy of selling high and buying low
Technical Forecast·
