EOG is approaching our first support at 83.19 (horizontal swing low support, 61.8% fiboancci extension, 61.8% fiboancci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 100.05 (horizontal pullback resistance, 100% fibonacci extension, 38.2% fibonacci retracement). Stochastic (89,5,3) is also approaching...
New weekly demand levels created on EOG Resources american stock around 97 and 85.75 respectively with monthly demand level in control and in a clear uptrend. Long bias at new imbalances
Here's are next weeks earnings plays that I'm thinking of playing via options, assuming the implied volatility rank "stars" line up correctly ... : HD: announces on Tues 2/23 before market open.The rank is 55, the implied 32, neither of which is that great. If IV doesn't pop, I'll pass. FSLR: announces on Tues 2/23 after market close. With a rank of 72 and an...
I will never trade a Violent stocks like NFLX for earnings options trade. Look at these? Literally no surprise. With these tickers you make a little money trading for earnings. But CONSISTENT. Now, do you want the High heavy IV NFLX and not consistent, or Low IV and consistent. Surprise does happen here too. But you can manage it with proper planning and...
Nice gap fade. Good volume, strong candle. Put sale at support.