adolphus53

End Of Game strategy (2)

Long
NYSE:EOG   EOG Resources, Inc.
So we are facing the last boss and we need to End Our Game, The final wave , the last fall. EOG has been one of the leaders on the SP500 and since 2009 EOG gained 500% !. Its been a very impressive run. Now we might be at the end of the line and i am looking for another short term counter bounce trade

Timing = 1 ( i think the market is overdue for a bounce )
Volume = 0 ( The volume has not been moderate on this recent sell of and that might be a sign of strength? )
Group strength = -1 (Energy sector looks super weak and that worries me)
Entry = 1 ( i like this entry below current price bc of the great volume on the selloff)
Fractal = 1 (fractals support a reversal )
Declinazione di responsabilità

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