EOG trade ideas
EOG Sort OpportunityAn intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement close to 50% of Fibonacci retracement
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
New weekly demand levels created on EOG Resources american stockNew weekly demand levels created on EOG Resources american stock around 97 and 85.75 respectively with monthly demand level in control and in a clear uptrend. Long bias at new imbalances
EOG- CUP/HANDLE PATTERNPlease look on FINVIZ. com (a free stock screening website)
Only GREEN sector is Basic materials- independent oil & gas.
In my opinion, this sector has all bottomed out and now will be BULLISH for rest of 2017. This is place to buy stocks, or do call options at this time.
EOG weekly, has just completed a cup/handle pattern and I expect it to go to $100 a share or higher by end of year
Please check out this whole group and seriously think about putting some of your investment money into these stocks. Have a great 4th of July!!!
EOG Forming Descending ChannelEOG has been forming a descending channel for 5 months. However, not my favorite pick because of its industry.
EOG
Buying Opportunity Here1:5 Risk/Reward Set Up: Target $115 with oil prices rising towards $60 barrel
Purchasing Yates Petroleum $96.00 Price TargetSeen as a very good deal by various investors. 1-year trends show reasonable support around the $96.00 price point. This support plus the recent buyout suggests a fair price target of $96.50 within 2-3 weeks' time.
www.cnbc.com
Another with great tecnology, nice formationI like the bullish pattern in daily chart, also grat fundamentals, the place of $EOG is privileged for the long term so if we can break the 87.50 is going to be a nice place tos watch this thing ramp
EOG Resources Short SetupHi Everyone, we discussed this stock in our us energy stock screencast and identified that this was a short setup to keep an eye on.
Only a few days later now it has slipped sharply down and has broken out and down. We're waiting now for a correction and also to confirm that it won't reenter the trend line on a shorter time frame for the short entry.
