EOLS presents a unique setup. I was ready to go long before I saw that the pattern doesn't look to have finished. The pattern highlighted would give EOLS potential double bottom then Fibonacci extension towards end of year. I like what they are doing but it seems to early imo.
If EOLS closes above $17-> $18 ->$19, I would re-asses my stand.
Otherwise following trend, EOLS would start failing to breakout at current levels and the pullback to $10 level would commence.
$10 is also a potential double bottom which makes sense
Using fib extension tool, 1.618 extension would also meet long-term resistance
Tried keeping chart simple so everyone can see the pattern ;)
Like and follow so I can continue finding trades and charting.