Put a relative strength index indicator (RSI) on the EOS chart & you should notice the May 5, 11 & 17 lows on the chart compared to the same lows on the RSI have diverged. Both recent RSI lows are higher than the previous one while the share price was lower. This should indicate a reversal in the share price. On May 12 the price did jump 78 cents from the previous day's low. The 3 RSI lows are all in the over sold area which also indicates an immenent reversal.
Put a relative strength index indicator (RSI) on the EOS chart &...
Add to My Watchlist
What is My Watchlist?