EOS 1.25% $1.63 electro optic systems holdings limited

EOS Charts, page-1633

  1. 209 Posts.
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    Well TheFadz, thank you for bursting my bubble..lol..JK, but I'd be interested on how you would read this chart.
    Please let me ask you something if you don't mind. You mention that putting lines up doesn't help an argument if there isn't information to support it. If you meant indicators, I thought I supported that. If you meant fundamental analysis or current market condition, that's different. And no, I didn't consider that as I've used the chart to highlight SP behaviour over this short period, regardless of what's going on with the company. If I had to trade EOS based on that, I'd buy on break out of that channel with a stop loss just below the resistance (becoming a new support) or, buying on a continuous line drawn between the low on 21 December and 28 January forming a separate channel below what I've drawn. In any case, another point of entry for me would me consolidation at 4.90 which would coincide with breaking out of the channel. Right now, the chart is telling me to stay away.
 
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Last
$1.63
Change
0.020(1.25%)
Mkt cap ! $313.5M
Open High Low Value Volume
$1.62 $1.65 $1.57 $1.122M 696.6K

Buyers (Bids)

No. Vol. Price($)
1 2652 $1.62
 

Sellers (Offers)

Price($) Vol. No.
$1.64 7101 5
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Last trade - 16.10pm 28/08/2024 (20 minute delay) ?
EOS (ASX) Chart
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