I think that there's definitely a good chance of a breakout soon. EVS has been a bit unloved lately. However a new year and with Biden there will be support for companies with products geared towards climate the climate and the environmental.
Long term trend suggests that the price keeps getting stuck around the 38.2 fib level. There seems to be a rising wedge forming, which could be conducive to a breakout to the upside.
If the company have a good quarterly and are able to stick to their (very near) timeline of being cashflow positive, then I think that the market will turn its attention back to EVS and we'll see some solid green action. As a long term holder, I'm personally confident that 2021 will see EVS return to all time highs again. Good luck to all and DYOR.
EVS Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)