I sold my position in BE Aerospace (BEAV) this morning – kind of regretting it at this point as it has made a nice bounce since I sold it – but I can’t think too long and hard about it. In its place, I picked up EOG Resources (EOG) at $100.50 off of the assumption of it breaking out here in the days ahead after consolidating near its highs.
Here’s my chart analysis on EOG.