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TradeWithParas
Feb 6, 2024 6:08 PM

EOG Potential buy setup Long

EOG Resources, Inc.NYSE

Description

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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