EOX taking a massive dip from 8.50 to 5.41 - great entry

1D Chart: Looking at EOX             with a few tooly indicators we can see that we are sitting at a newly formed floor, we haven't seen this positioning since Feb 2013. Using the Fib retracement tool from the bottom of this past week we can see a nice movement bounce to around $7.2- this could be a really good spot to enter as the market will either bounce into a new support around 6.8 - 7.2 or we'll see it bleed out for the remaining of 2014.
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