CFD Trading – Buy EOG Resources (EOG.NYS) @ $134.10. Stop @ $128.60 and Target @ $144.80.

EOG Resources Stock Code EOG.NYS


Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Lagging Span is above price of 26 days ago but is inside the cloud, hinting at a weak bullish price trend. However, MACD has a bullish crossover and is hinting at a bullish price trend ahead.  If price can stay above the cloud, it could be heading towards the next price resistance at $144.84 in the next 2-3 weeks.


$134.10              Buy

$144.80              Price Target

$128.60              Risk Management Stop

3 weeks              Trade Duration

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