EIQ Charting Thread

Cheeky Charm UPGRADES to a Strong BUY! What a chart!

Market Cap at 17c = $74.7M
Shares On Issue = 452MFloat (Available to Exchange hands) = 261M
Top 20 holding = 54.57%
Cash On Hand = Over $3.5M (Capital Raised at 15c & all off market options have been acquired! Strikes over 25c! NEW HIGHS!

I know the thread has been made in late 2022 but I thought I would make one up for all the action coming in 2023!
Something smells very take-over offerish at a premium IMO. Chart has been available for all to see for quite some time. How can a trend like this even be ignored? New 52wk highs certainly seem inbound.

EIQ first hit my radar on 14th October 2022. I sketched a thesis over at Facebook back then saying:

#EIQ Another interesting chart, stock is trending higher highs with a potential chance to break out of the 20c price. If so, we see seler walls at 24c and 25c respectively.

One worth a watch due to the low float, cash on hand and a boutique house pump has not yet commenced. Notice the Buy Sides?? Vs Sell Sides...they do wanna run it up I took some here for a swing into next week "

The thesis remains unchanged. The chart I put out back then was also made 14th October

The current Daily chart shows how it has had a current trendline breakout with an INSANE OBVolume accumulation! Hence the sell sides are super thin, and the buy sides SUPER stacked for demand!



Attached below is now the Weekly Chart which also shows a fantastic trend, big weekly spikes and multi week continuation moves all things looking like a takeover offer from some U.S Pharma company but we shall see how things eventuate