RSI (14): where it is here now lays strong support.
Also, RSI (14) is representing a double bottom.
Price Movements: it has been channelized with a steady & positive steep since 23 Feb 20.
MAs: If you remember my last analysis based on Daily MAs of 50, 100 & 200, price has touched the Daily MA of 100.
Now average price for a period of last 100 days is 3.44. Right? Have a look o the following then:
Important S&Rs: Static-Dynamic Support & Resistances are: 3.44 down & 4.45 up there.
EOS needs volume to be able to make it out of the cage.
RSI (2): since 26 Feb to 24 Mar (26 days) a cycle has been started & finished. For more time zone assessment please check another analysis in which Fib. Time zones are represented as well:
TP1: 5.5
TP2: 6.5
TP3: 8.5
SL: -5% from your purchased price.
Not a financial advice.
Also, RSI (14) is representing a double bottom.
Price Movements: it has been channelized with a steady & positive steep since 23 Feb 20.
MAs: If you remember my last analysis based on Daily MAs of 50, 100 & 200, price has touched the Daily MA of 100.
Now average price for a period of last 100 days is 3.44. Right? Have a look o the following then:
Important S&Rs: Static-Dynamic Support & Resistances are: 3.44 down & 4.45 up there.
EOS needs volume to be able to make it out of the cage.
RSI (2): since 26 Feb to 24 Mar (26 days) a cycle has been started & finished. For more time zone assessment please check another analysis in which Fib. Time zones are represented as well:
TP1: 5.5
TP2: 6.5
TP3: 8.5
SL: -5% from your purchased price.
Not a financial advice.