EOS 2.69% $1.63 electro optic systems holdings limited

A revised analysis of EOS suggests an initial target of $7.95...

  1. 306 Posts.
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    A revised analysis of EOS suggests an initial target of $7.95 for a price break above $6.49 although the other higher targets remain in play (subject to how price action unfolds. Interestingly, price has made a pennant pattern (bounded by blue dashed line and black uptrend line on the chart below). The upper boundary is a bit 'untidy' and can be drawn a couple of ways but the important thing is that price appears to have broken up out of that pattern in the past couple of weeks and that suggests a target of $9.26 which is close to my original target. All looking good with a positive US result overnight and a green SPI 200 (must be time for the wheels to fall off again!)
    https://hotcopper.com.au/data/attachments/2553/2553029-37528c617be05c921d8c2a5df960401b.jpg


 
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$1.63
Change
-0.045(2.69%)
Mkt cap ! $318.3M
Open High Low Value Volume
$1.68 $1.70 $1.62 $520.7K 315.3K

Buyers (Bids)

No. Vol. Price($)
3 2693 $1.62
 

Sellers (Offers)

Price($) Vol. No.
$1.63 1075 4
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Last trade - 12.08pm 08/08/2024 (20 minute delay) ?
EOS (ASX) Chart
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