EQT Corporation's stock has shown a strong performance, rising by 3% as of December 11, 2024, following significant call buying activity. The stock has tested its 21-day exponential moving average (EMA), indicating potential for a multi-week upward trend. Notably, March $50 calls for EQT have seen robust interest, with 5,000 contracts purchased on the same day. Analysts are optimistic about the energy sector, suggesting that after a nearly 10% decline in the Energy Select Sector SPDR Fund (XLE) over the past three weeks, a rebound is anticipated. The overall sentiment in the market reflects a shift towards energy investments, with EQT's performance being closely watched as a key indicator in the natural gas sector.