Eos Looking to Rally?

By The Infinite Banker | The Infinite Banker | 16 Feb 2021

Hey Everyone,

Quick TA update...

Below we have Eos on the 4 hr and we have what appears to be a zigzag correction 5-3-5 wave count.

The 50 MA is holding nicely and I suspect a rally to 7$ either tonight or tomorrow...could be longer but that is what I'm feeling the chart is communicating to us right now.

eos rally?

This is a Trade and not a HODL

Place stoploss at 4.25 to allow a quick jab down. If you don't mind averaging down then put the SL around 4$. To confirm we would like to see a clear breakout of this Pattern lined out by the orange lines.

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