lukelehepuu
Short

EOG IDEA

NYSE:EOG   EOG RES INC
eog
60 0 4
eog
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Description of Chart:
So after the 50MA crossing the 200MA it has been a hard short. After advising to short at 84.50 or wait until 91.00 and short there we are already starting to see a move down. We are sat at the centre line of our bolling band and couldn't break through resistance. If we can get below our broken blue trendline it will set us up for a nice target of 70.68 and then down to the 58.00 area.

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