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TradeWithParas

EOG Potential buy setup

Long
EOG Resources, Inc. (BATS:EOG)  
TradeWithParas  
BATS:EOG   EOG Resources, Inc.
Trend Analysis Chart Patterns EOG eoglong stocktrading stockpicks nyse
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trendanalysis chartpattern eog eoglong stocktrading stockpicks nyse
Reasons for bullish bias:
- Price has made double bottoms
- Entry is at neckline breakout for confirmation
- Entry is also above strong weekly Support turn resistance, if it breaks we will have more points on our side

Entry Level(Buy stop): 117.79
Stop Loss Level: 108.15
Take Profit Level 1: 127.43
Take Profit Level 2: 132.34
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