EOG Resources Trading Analysis (18/12/2023)

The trend is, overall, ascending. The stock is traded in the range between 365 and 135 moving averages. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

Trading idea:

Buy at 121.20.

Stop-loss at 116.70.

Target price levels are at 125.80 and 135.00.

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