EOSE went down this month from $5.70 to $1.24, the CEO accessing a short sellers attack on the stock.
Now considering the pre-market volume, and the fact that the stock is already up 13%, I believe it has a short squeeze potential to the next resistances of $3.30, then $4.90.
Eos Energy Enterprises designs, manufactures, and markets zinc-based energy storage solutions for utility, commercial and industrial, and microgrid markets in the United States. T
he company's flagship product is the Eos Znyth DC system, a battery that can be used as an alternative to Li-ion batteries.
Looking forward to read your opinion about it.
Now considering the pre-market volume, and the fact that the stock is already up 13%, I believe it has a short squeeze potential to the next resistances of $3.30, then $4.90.
Eos Energy Enterprises designs, manufactures, and markets zinc-based energy storage solutions for utility, commercial and industrial, and microgrid markets in the United States. T
he company's flagship product is the Eos Znyth DC system, a battery that can be used as an alternative to Li-ion batteries.
Looking forward to read your opinion about it.
Trade closed: target reached
Close to the price target. EOSE reached $4.81 on Friday ($5.49 in the premarket).
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Trading COURSE bit.ly/tradex
RESULTS bit.ly/TG10x
TradeNation bit.ly/t10X
CRYPTO partner.bybit.com/b/37880
BUY-SELL INDICATORS tradingindicators.store/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Private SIGNALS patreon.com/PremiumOptionsSignals
Trading COURSE bit.ly/tradex
RESULTS bit.ly/TG10x
TradeNation bit.ly/t10X
CRYPTO partner.bybit.com/b/37880
BUY-SELL INDICATORS tradingindicators.store/
Trading COURSE bit.ly/tradex
RESULTS bit.ly/TG10x
TradeNation bit.ly/t10X
CRYPTO partner.bybit.com/b/37880
BUY-SELL INDICATORS tradingindicators.store/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.