$EOG weekly wedge with bullish candleWeekly chart. Large bullish engulfing candle within the wedge. We're now about all VWAP, EMAs, and above the majority of the volume profile. I'm expecting that we retest the upper macro trendline.
Bullish.
EOG trade ideas
EOGOG is the strongest stock analyzed today, more than excellent, a ticking time bomb that will explode next week. Its indicators are very strong. The stock was in a sideways trend between $115 and $136, and it will continue its upward trend. Enter around $134 at the beginning of the session. Our first target is in the range of $161.68 to $166.68, then the second target around $180. Stop loss is at $113, and the long-term investor target is $257.
Bullish symmetrical wedge on $EOG monthlyMacro chart. Monthly for $EOG. RSI is falling/moving lateral. all VWAPs and EMAs are underneath and supporting. With shakeups in the oil market with Russia and what not, could be a good play for next 12 months.
Large Cap Value Investing only at FoxxInvestEOG has embraced a capital allocation policy that emphasizes returning cash to shareholders, yet retains a willingness to invest in modest production growth. Finally, in an industry that overextended itself during the shale revolution, EOG pivoted sooner than most in becoming a low-cost provider.
The firm aims to return roughly 70% of its free cash flow to shareholders through dividends and share repurchases. Unlike some peers that repurchase shares at peak valuations when flushed with cash, however, EOG also returns cash through special dividends. We like this approach that emphasizes opportunistic over programmatic share repurchases.
EOG's robust balance sheet, a sound investment strategy, and appropriate distributions are a few points to mention. This sound investment strategy has helped EOG avoid corporate M&A and instead focus on using scale and technical savvy to build an extensive low-cost asset portfolio. EOG has had a regular, growing dividend since it became an independent company in 1999. That dividend has never been cut or suspended and we think it will likely have more than enough cash to continue covering both its fixed and variable dividend.
At Foxx Invest, we only look at healthy strong comapnies with a good upside potential and companies which can beat a bubble and still remain strong.
DM me to see my portfolio.
Declaration : Starting out with a position of 1000 stocks of EOG on Oct 30th Pre market.
I mention my position on the date of idea publish to show people that i walk the talk.
None of the above content is financial advice. Buy at your own risk.
Foxx
EOG to $125MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...
Here's why I'm picking this symbol to do the thing.
Price bounced off all bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is extremely negative
Impulse MACD is extremely negative
In at $117
Target is $125 or channel top
EOG | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
Trend | Time Frame Conductive | Daily Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | Weekly Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.88 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
Deep in the Money CallMove from 75 to 125. Consolidation for a few years. Participate with the move up to 175.
EOGA slow-moving stock, although, very bullish :)
Added to my portfolio - assuming the 1-2 fractal completed, after a huge triangle.
Supports my bullish GOLD view (view ideas on X), here I don't post (try not to post) commodities and forex ideas
DonE: EOG, Target Reached, Profit +15 %(or +60 %) for 63 daysNYSE:EOG
DonE: EOG, Target Reached, Profit +15 %(or +60 %) for 63 days
EOG Resources - Buying opportunitiesDear traders,
Id like to share this idea in order to take long positions,
100- 110$ is is a good price range to look for buying opportunities.
Additionally RSI is clearly oversold and prices already went down quite aggressive.
best,
EOG moving in Range- Range trading
- Playing Support and resistance
- Safe entry will be once the level 134.4 breaks
Entry Level(Buy Limit): 103.54
Stop Loss Level: 93.89
Take Profit Level 1: 113.19
Take Profit Level 2: 122.84
EOG Potential buy setupReasons 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
EOG: Possible BuyPrice has climbed back inside the trend lines, expecting upside. Areas plotted to look out for, combined with daily and weekly moving averages.
Triple top and crashI had puts on this one and sold them at the 117 support. We are having a nice bounce up from that same support so I'm buying puts again as shown. The triple top is a strong bearish pattern and at every rally to upside is an opportunity to short it.
$EOG: Strong at 135EOG Resources is seeing incredible resilience at 135 given the broader market. Recent energy names posted on here compliment this trade as we look to see if energy as a whole will probe higher.
$EOG with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:EOG after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 33.33%.
EOG Resources Inc (Long)Enter: Market Price
Take Profit: 127.02 (7.63%)
Stop Loss: 112.09
Price is bouncing off a strong support zone
$EOG with a bearish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $EOG after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
EOG Resources Options Ahead of EarningsLooking at the EOG Resources options chain ahead of earnings , I would buy the $125 strike price Calls with
2023-3-17 expiration date for about
$2.60 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
EOG ResourcesEOG Resources, Inc. engages in the exploration, development, production and marketing of crude oil and natural gas. It operates through the United States, Trinidad & Tobago, and Other International segments. The company was founded in 1985 and is headquartered in Houston, TX.
