$EOG - Bull Flag and 50 SMA Breakout

94
💡 Swing setup idea
Bullish flag

🔎 Analysis summary:
The stock broke above the 50 SMA and is currently progressing through a bullish flag pattern.
Buyers volume is stepping in.

🔔 Friendly reminder: The S&P 500 is currently trending down, so please keep the broader market weakness in mind before entering any new trades.

👀 Levels to watch:
Entry trigger: Break above $142.85
Target: $161.26
Stop: Under the breakout level

💬 What do you think of this setup? Let me know in the comments! 👇

Good luck!

⚠️ Note: This is for educational purposes only and is not financial advice.

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