EOS has held a 0.5 fib retracement of the entire move from $0.5 to $12.5 (barring the flash crash which actually landed perfectly on the 0.786). The downtrend has now broken to the upside. Daily SRSI has turned up, and the 3-day SRSI is about to reset. Looking like a bullish reversal to me.
Comment:
3-day stock rsi has now crossed. I think we'll see a correction from the Haejin pump down to previous resistance at $9.2 or $8.5 (seems a bit bear out there atm with the Intel hack news), but continuation looks good for the bigger picture.
Comment:
As predicted, price has sold way back down to breakout from Haejin's call. Strong support at $8.5
Comment:
Still on track