Yellow - Primary cycle Blue - Intermediate cycle
Hey guys, EOG RESOURCES is in a bullish movement with a return of volume in buy and two wicks indecision. By leaning on the TIMEFRAME M1 we see a variant with a large volume of purchase which has pierced the equilibrium zone then the closing is to land on the zone. Great potential to break out the price and at the same time breakout the equilibrium zone to reach a...
Possible T2 78.6 to 89 Oil, Gas, oil, energy you say????? LOL Healthy company that pays a good dividend I guess these can not be worthless..or can they? Crazier things than this have happened!! I know must of us have turned our backs on fossil fuels...so a tough one for sure..a bit gutsy for sure to think this sector can climb out of the depths of the market Stop...
Chart self explanatory #shariahcompliant #undervalued
Hard one. Not the right sector at all at present NV is high Short is low Dividend is good Could very well be the only shale producer left by the time it is all over..A Healthy company financially Not a recommendation EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas...
Showing a great channel upward towards where its 2019 levels were. I also am long 55C for 7/17.
Monthly chart has developed a confirmed Bullish wedge pattern
Price has broken the upper trend line of a Bullish wedge pattern
The stock has had such a strong move in the past few weeks it has now become overbought. We would expect a pullback in the days to some as the type of investor that entered the stock so late in the trading year may have been chasing some quick returns and could lead to considerable selling. Would be nice to get a lower entry on the stock in a sector which could be...
I'm liking this setup here. If we break yesterdays low I'm taking this trade to the 200MA on the monthly chart. There is just no support anywhere till we get there and that's a nice money making move there.. Not sure how long it will take, but give yourselves some time if you do puts, (great trade for a smaller account). Wait for the break to get in
May be a possible GAIN/PROFIT in the oil stocks long/short term depending on the next upcoming days/weeks. as seen in the diagram this stock could be a potential rise and gain in all of the upcoming oil stocks add this to your watch list.