EOS Analysis: Is the Bottom in? Check out this Blog!
The hurry up and wait syndrome has not left EOS untouched! Look how EOS quickly placed its impulse waves, circled blue i,ii,iii,iv,v. Then the requisite red a,b,c correction has been ensueing now for nearly FOUR months! How many have given up on EOS! How many have had just enough on EOS meandering and doing nothing on the price side but slowly, aganoizingly putting in incremental lower lows! A Technical Analyst feels such emotions but don't act on them!
The below chart is a short term 15 minute time frame and an impulse has started. White roman numeral waves i, ii and iii are complete and now wave iv is in progress. As the sub waves of wave iii shows, its fifth wave was not extended, so a deep retracment is not expected. The blue waves are drawn to add sub waves for white wave v. So, let's see if wave v an complete! The video has much more details and scope!
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**