Eos Energy Enterprises, Inc.Panjang
EOSE long
Telah dikemas kini
Hi All,
My name's Kyle Ciotti and it's my rookie year with trading as of 9/1/2022. I'm excited to work with Trading View's platform - very high-tech & easy to navigate. My background is in financial planning, currently mainly focused on fixed indexed annuity strategy. I'm 34 years old and after a blown $1,500 account in high school I have never tried to trade in the market again - Until now. I'm 34 years old with an SEC-registered Series 65, 63, 6, and SIE license, but, don't let these certifications fool you. I'm an amateur trader like many of you and looking to level up my skills.
My focus is on penny stocks ranging from roughly $0.80 - $2.00.
With that said, after reading an article online I was fascinated with Eos Energy (EOSE). After analyzing the charts it looks like it could be set up as a long opportunity. The company is developing battery technology to rival lithium-ion technology. And, with bullish/bearish trendlines converging around $2.30, I think this stock could see some explosive growth.
I set EOSE buy price between $2.10 - $2.15
Target sell price points are between $2.48 - $3.40
I currently set my stop price level at -2.5%. I understand this is an aggressive stop percentage, however, until I have enough data to argue for changing it then it'll stay at -2.5%.
Thanks for stopping by!
KC
My name's Kyle Ciotti and it's my rookie year with trading as of 9/1/2022. I'm excited to work with Trading View's platform - very high-tech & easy to navigate. My background is in financial planning, currently mainly focused on fixed indexed annuity strategy. I'm 34 years old and after a blown $1,500 account in high school I have never tried to trade in the market again - Until now. I'm 34 years old with an SEC-registered Series 65, 63, 6, and SIE license, but, don't let these certifications fool you. I'm an amateur trader like many of you and looking to level up my skills.
My focus is on penny stocks ranging from roughly $0.80 - $2.00.
With that said, after reading an article online I was fascinated with Eos Energy (EOSE). After analyzing the charts it looks like it could be set up as a long opportunity. The company is developing battery technology to rival lithium-ion technology. And, with bullish/bearish trendlines converging around $2.30, I think this stock could see some explosive growth.
I set EOSE buy price between $2.10 - $2.15
Target sell price points are between $2.48 - $3.40
I currently set my stop price level at -2.5%. I understand this is an aggressive stop percentage, however, until I have enough data to argue for changing it then it'll stay at -2.5%.
Thanks for stopping by!
KC
Nota
End of day 9/19/2022I was unable to work on trading today as Mondays are typically the busiest day of the work week for me. However, I noticed EOSE is still in a correction and could create a great buy opportunity within my buy zone. I'm going to remain bullish on this stock if it stays above $2.05 (as this is my stop, well, $2.0475 if you want to be exact) I calculated this number by taking my lowest forecasted entry point of $2.10 at a -2.5% maximum stop loss. I'm working on a theory of cutting losses quickly to keep risk/reward high. I do not plan on investing over 10% of my total account value in any one trade. Therefore, a stopped-out trade would only account for a total account value loss of -0.25%. I could theoretically lose on 9/10 trades and have the 10th trade within 10-20% gain and the account value will continue to grow positively. Not that I'm shooting for 1/10 successful trades, but, I think you get the point =)
Penafian
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