Eos Energy (
EOSE) is showing impressive relative strength today — holding firm and building out a flag pattern even as the broader market (
QQQ) takes a hit.
🔹 The Setup:
Earnings are now out of the way, and the stock handled them well.
EOSE dipped initially at the open, then was bought up quickly, showing clear demand.
Price is now tightening into a flag pattern, setting the stage for a potential breakout once the market stabilizes.
🔹 Why It Stands Out:
On a day when
QQQ and most momentum names are red,
EOSE is holding green — that’s real relative strength.
Sector strength remains in the energy/storage theme, and this name continues to build constructive price action.
Strong closes after post-earnings volatility often precede continuation moves.
🔹 My Trade Plan:
1️⃣ Entry: No position yet — will wait for confirmation tomorrow or a clean breakout through the flag.
2️⃣ Stop: Below flag base once the breakout triggers — tight risk management.
3️⃣ Target: Measured move based on the flag range for short-term swing.
Why I Like This Setup:
Strong chart, clear structure, and volume confirmation.
Relative strength vs. the market = leader behavior.
With earnings done, the path is cleaner for trend continuation.
If market firms up looking to add this with a stop under the earnings low.
🔹 The Setup:
Earnings are now out of the way, and the stock handled them well.
Price is now tightening into a flag pattern, setting the stage for a potential breakout once the market stabilizes.
🔹 Why It Stands Out:
On a day when
Sector strength remains in the energy/storage theme, and this name continues to build constructive price action.
Strong closes after post-earnings volatility often precede continuation moves.
🔹 My Trade Plan:
1️⃣ Entry: No position yet — will wait for confirmation tomorrow or a clean breakout through the flag.
2️⃣ Stop: Below flag base once the breakout triggers — tight risk management.
3️⃣ Target: Measured move based on the flag range for short-term swing.
Why I Like This Setup:
Strong chart, clear structure, and volume confirmation.
Relative strength vs. the market = leader behavior.
With earnings done, the path is cleaner for trend continuation.
If market firms up looking to add this with a stop under the earnings low.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
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.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
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.
