EOG Resources Short Setup
Updated
Hi Everyone, we discussed this stock in our us energy stock screencast and identified that this was a short setup to keep an eye on.
Only a few days later now it has slipped sharply down and has broken out and down. We're waiting now for a correction and also to confirm that it won't reenter the trend line on a shorter time frame for the short entry.
Only a few days later now it has slipped sharply down and has broken out and down. We're waiting now for a correction and also to confirm that it won't reenter the trend line on a shorter time frame for the short entry.
Trade active
Trade is now active.Trade closed: stop reached
It reentered the structure so the trade was invalidated.
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