EOS Bulls - Not Out of the Woods Yet!
Despite the nice move up in EOS during the last days, I'm still watching for One More Low.
As of now, price has arrived right at the expected retrace for wave 4, which resides at the 1.0 extension of wave 1, at 6.08. It didn't quite reach that high, so maybe a few more squiggles to go (or not).
Anyway, it would take a sustained break above that level, followed by a corrective retrace, for me to turn immediately bullish.
Long term, of course, I am bullish and will not be selling in hope for that OML. If it comes, I will be adding to my position, as that would be the "buy of a lifetime" I presented in a previous post.
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