Hi Jame and Joe!
Looking at the daily EOS chart, you can see it is a big opportunity here for trading Low risk! High reward!.
EOS came to hit $2.4 which is strong uptrend support from low Oct 2017 and low Dec 2018. Moreover, it is building a big falling wedge pattern. You can see it has been confirmed from bullish divergence MACD to be a real falling wedge.
From these 2 reasons, I believe it is worth enough to GO Long from here $2.4-$3.3 with a stop-loss below $2.2 and target at $8.
*****THIS INFORMATION IS MY IDEA AND IS NOT RECOMMENDATION TO BUY OR SELL. IT IS TO BE USED FOR EDUCATIONAL PURPOSES ONLY.******
Looking at the daily EOS chart, you can see it is a big opportunity here for trading Low risk! High reward!.
EOS came to hit $2.4 which is strong uptrend support from low Oct 2017 and low Dec 2018. Moreover, it is building a big falling wedge pattern. You can see it has been confirmed from bullish divergence MACD to be a real falling wedge.
From these 2 reasons, I believe it is worth enough to GO Long from here $2.4-$3.3 with a stop-loss below $2.2 and target at $8.
*****THIS INFORMATION IS MY IDEA AND IS NOT RECOMMENDATION TO BUY OR SELL. IT IS TO BE USED FOR EDUCATIONAL PURPOSES ONLY.******