EOS 1.54% $1.28 electro optic systems holdings limited

Speculating on the volume today and the sp: It's tough to begin...

  1. 1,958 Posts.
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    Speculating on the volume today and the sp:

    It's tough to begin a text book new UP trend when one must draw a line from an "euphoric" spike in no small part magnified by generally low volumes; however, there is life and it's UP. This is especially so since it's fair to say the bottom was mid-November ~$1.11, including a false breakout with a re-test.

    The spike ran from late May and was done in early June, beginning at ~$1.20. Your shares were brought to you, and bought by you c/o Phillip. Some early holders post-Phil are now coming into the green, with some selling, some holding, some buying more(?). I'm focusing on those selling.

    Sellers are still supplying resistance, foremost here I'm watching volume then sp. Some spike buyers may by now have gotten over their disappointment/frustration by better understanding their initial BUY relative to the "Phil Effect" and EOS fundamentals.

    Considering all this psychology the chart says to me the next brutal resistance begins at ~$1.75, once this sp has consolidated. Medium term onwards, The world is our oyster, or at least the southern half.

    OV

    PS There will be NO t/o by China or USSR(sp) ever, of course you were kidding F9. However, a t/o by LMT is a very real possibility from a technology, political, war, space pov!
 
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Last
$1.28
Change
-0.020(1.54%)
Mkt cap ! $271.0M
Open High Low Value Volume
$1.30 $1.32 $1.27 $1.122M 873.1K

Buyers (Bids)

No. Vol. Price($)
1 1600 $1.27
 

Sellers (Offers)

Price($) Vol. No.
$1.28 7938 3
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
EOS (ASX) Chart
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