EOSE terrible earnings, however, energy demand is very high and will continue to climb. Up 7% after bad earnings and could breakout soon. MACD curling up and price is flagging...
EOSE Price has reached an important mid-term resistance zone and may be setting up for a pullback. More details in new idea: Idea: EOSE: macro trend structure
I'll be looking into a buying position once price hits 20EMA, Target: $10-$12.
If we lose the 20EMA, I'll be looking for support at $5.5, the 200EMA(green), and the channel support.
I don't believe we will lose the 200 EMA, but volume has been picking since we reached this range between $3.65-$7.34. Depending in which cycle phase we are in, a breakout could take a little longer than anticipated.
EOSE $1 billion market cap for a company that will generate a billion in revenue a few years from now and grow at an incredible pace? compare it to shitcos like BBAI and Quantum that run on hype. This is the real deal and once retail realizes the battery + energy theme is up next, this will run hard. QSEOSEFLNCENVX
cheap cheap cheap this might just be a 10x ... doubled my position at $4.40s today
EOSE I’ve owned since it was around 0.80 and nearly withered on the vine. The dramatic runup in price was overhyped and too soon. If it fails to generate significant revenue by end FY25 it may really be in trouble. If it does, and there are no unexpected technical glitches, it could really run in 2026.
The concerns are valid, especially with the stealth changes to the battery tech and bizarre hire/fire of the CFO, but for me, the basic thesis remains - made in USA non lithium battery storage, mass produceable at scale and suitable for any climate.