CNX Resources Corp

CNX has formed a nascent consolidation base after a terminal double bottom, with mean-reversion eligibility reinforcing a medium-term bullish bias. Price is now holding above rising 9- and 20-day EMAs within the range, presenting a buyable setup ahead of a potential breakout above the 50-day SMA.

• ↑Q1 revenue $150M (+20% YoY) highlights robust gas demand.
• ↑Q1 free cash flow $75M funds $125M buyback program.
• ↓Sharp negative revisions signal reduced analyst earnings forecasts.