SUMMARY
The weekly MACD looks very bullish for EOS! The 9 week histogram is moving with higher lows...bullish! The 12 week moving average line has turned up..bullish! Forward discerning that the 26 week moving average red line will be crossed in a few weeks to a massive bull buy signal!
Even the weekly price bars are quite bullish! The wave 1 and 2 of an impulse motive up have been completed. This means, wave 3 is in progress and that'll make the month of May a jaw dropping and very violent price upmove episode!
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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