EOS 0.26% $1.91 electro optic systems holdings limited

TA 101 is all about identifying REPEATING share price...

  1. 4,770 Posts.
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    TA 101 is all about identifying REPEATING share price patterns/trends.....and the above chart, posted on 12/11/21, is a classic example....that 96c. down side repeating range did just that.


    eos_ax11jan22_to_02feb23.png

    Below is the WEEKLY lr chart from the 18c. low on 16/11/2001........highlighting (among others) the MAJOR horizontal SUPPORT level @ 55c......the consolidating baseline for the recent break (upward).

    eos_ax11aug00_to_07oct28.png

    Confirmation of a sentiment/trend change would be consistent closes that respect SUPPORT above the WEEKLY lower (up trend) lr line....which this week is @ 75c.

    The next TP/resistance test is @ 90c.

    Cheers.....and keeping in mind the closing price is the one that matters.


    eos_ax03mar22_to_30mar23.png
 
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