ONEOK Inc

OKE remains in a Stage 2 advancing corrective reset within the broader uptrend, supported by rising EMAs and active bullish patterns (Lockout Rally and Bullish Pivot Point). However, price is extended above key EMAs and the Options Score is extreme overbought, so timing favors waiting for a pullback into the confluence of the 9EMA, 21EMA, or the prior breakout zone to confirm support before engaging. Medium- and long-term biases remain bullish.

• ↑Q1 revenue hit $2B, up 13% YoY on higher volumes.
• ↑Q1 net income $776M ($1.23/sh), up 12% YoY.
• ↓Negative earnings yield suggests pricey valuation vs. earnings.