Heating Up: Momentum Continuation in Italgas?Italgas SpALSIN_DLY:0RK1zAngusItalgas S.p.A. (ORK1) has been a standout performer, registering an impressive 96% gain over the last year. As a key player in European energy infrastructure, Italgas manages an extensive natural gas distribution network, focusing on safety, digitization, and sustainable energy transition across Italy. Just looking at the chart, its the type of trade I like. Nice and steady run, pullback into better value, and looks like it could be heading up again. I particularly like the look of the MACD and RSI showing momentum might be coming back in. Fundamentally, the picture presents a mixed but intriguing scenario for investors. While recent data highlights a revenue contraction of 45.4%, the company maintains robust profitability with a 21.94% profit margin. This efficiency, combined with a solid market cap of €4.52B, suggests the company is managing its bottom line effectively despite top-line headwinds. The disconnect between price momentum and revenue growth makes this a technical play supported by operational stability rather than pure growth metrics. Technically, the trend is undeniably bullish. The price action is holding firmly above the 50-day EMA (9.118) and the 200-day EMA (7.622), confirming strong structural support. The recent pullback has allowed the RSI to cool to 59.35, resetting from overbought levels into a zone that often precedes a new leg up. Although the MACD histogram shows a slight deceleration, the lack of heavy selling volume suggests this is a healthy pause within a larger uptrend. ORK1 might be one to keep an eye on for a breakout. ---------------------------- About Me: Global TradingView Moderator (English) and full-time trader. I focus on top-performing stocks worldwide, trading momentum and clean trend continuations after pullbacks. I use a trailing stop system customised for each stock to manage risk, lock in gains, and exit when the trend ends. Nothing I post is trading advice. I simply highlight interesting companies from around the world that may be worth a closer look. Please give this idea a BOOST if you found it interesting, and FOLLOW ME to discover more standout stocks and businesses from global markets. ----------------------------