Hello, World!
This is my very first post, it is 10:00 am and I just woke up forgive my grammar errors.
We are seeing Eos holding support(Blue line) with more than three contacts thus making it valid support line, also the 50 ma line crossing the 100 wma line in the daily chart, this is not a Golden Cross but we have seen previously than a opposite cross usually leads to a bearish market(100 ma over 50 ma). Finally we are also forming a bullish divergence in the RSI.
This is my very first post, it is 10:00 am and I just woke up forgive my grammar errors.
We are seeing Eos holding support(Blue line) with more than three contacts thus making it valid support line, also the 50 ma line crossing the 100 wma line in the daily chart, this is not a Golden Cross but we have seen previously than a opposite cross usually leads to a bearish market(100 ma over 50 ma). Finally we are also forming a bullish divergence in the RSI.