Jan. 31 at 3:51 AM
$EOG is coiling like a spring! 🛢️ Tight bands at
$112 with RSI (34) and Stochastics (10) in deep "oversold" territory. While the macro oil outlook is soft,
$EOG is defending a massive base above its
$108 floor. Reclaiming the
$123 pivot confirms the turnaround. 🌋🚀
🐂 Bulls: Need to hold
$108 and clear
$123 to confirm the reversal and target
$135+.
🐻 Bears: Looking for a high-volume break <
$108 to target a flush to
$100.
Confirming level:
$123.00
#EOG #EnergyStocks #TechnicalAnalysis #hovdid
