🎯 Master Pattern Structure (daily → intraday)
Consolidation Phase
The stock has been range‑bound around the $4.00–$4.30 level over past days, with declining volume—classic base/range building. The setup aligns well with a textbook master pattern: base → liquidity grab → early breakout. Trend confirmation depends on holding key levels and volume surging north. Keep your stops tight and targets clearly defined.
| Stage | Status |
| ------------- | ------------------------- |
| Consolidation | ✔ In place |
| Sweep | ✔ Likely occurred June 11 |
| Expansion | ↗ Entry forming today |
Liquidity Sweep (False Breakout)
On June 11, EOSE “fell below its 200‑day MA (~$4.08) on lower volume”—likely a shake‑out of weak hands
. This aligns with a classic liquidity grab phase.
Expansion Phase Potential
Late today, price rebounded into the $4.20–$4.28 range on above‑average intraday volume (7.9 M vs avg ~11 M)
. That bounce—holding above pivot levels—can be the triggering expansion.
📊 Technical Indicators Snapshot (per Investing.com, as of June 12)
Daily Summary: Mixed to bullish—“Technical Indicators” show a Strong Buy bias, while Moving Averages are neutral (6 buy / 6 sell)
RSI (~54): Neutral, no clear overbought/oversold.
MACD (~0.05): Slightly bullish.
Stochastics: Overbought/slightly elevated—watch for pullback.
200‑day MA (~$5.38) & 100‑day (~$4.57) acting as resistance caps
📈 Entry & Targets
Intraday Entry Zone: $4.20–$4.25 — ideally on a pullback after current bounce.
Near-Term Target: $4.30–$4.40 (yesterday’s range top) — aligns with short‑term pivot R1.
Stretch Target: $4.57–$5.00 if momentum holds and it reclaims the 100‑DMA.
Stop Placement: Just below the recent sweep low at $3.88–$4.00.
⚠️ Risks to Monitor
Failing to hold $4.20 could indicate a false breakout and trigger retest of range bottom (~$3.75).
200‑day MA (~$5.38) remains a strong resistance barrier—momentum will likely fade unless the stock re-enters a sustained uptrend.
Broader market sentiment or sector-specific news (ESG/energy storage) could influence price sharply.
Consolidation Phase
The stock has been range‑bound around the $4.00–$4.30 level over past days, with declining volume—classic base/range building. The setup aligns well with a textbook master pattern: base → liquidity grab → early breakout. Trend confirmation depends on holding key levels and volume surging north. Keep your stops tight and targets clearly defined.
| Stage | Status |
| ------------- | ------------------------- |
| Consolidation | ✔ In place |
| Sweep | ✔ Likely occurred June 11 |
| Expansion | ↗ Entry forming today |
Liquidity Sweep (False Breakout)
On June 11, EOSE “fell below its 200‑day MA (~$4.08) on lower volume”—likely a shake‑out of weak hands
. This aligns with a classic liquidity grab phase.
Expansion Phase Potential
Late today, price rebounded into the $4.20–$4.28 range on above‑average intraday volume (7.9 M vs avg ~11 M)
. That bounce—holding above pivot levels—can be the triggering expansion.
📊 Technical Indicators Snapshot (per Investing.com, as of June 12)
Daily Summary: Mixed to bullish—“Technical Indicators” show a Strong Buy bias, while Moving Averages are neutral (6 buy / 6 sell)
RSI (~54): Neutral, no clear overbought/oversold.
MACD (~0.05): Slightly bullish.
Stochastics: Overbought/slightly elevated—watch for pullback.
200‑day MA (~$5.38) & 100‑day (~$4.57) acting as resistance caps
📈 Entry & Targets
Intraday Entry Zone: $4.20–$4.25 — ideally on a pullback after current bounce.
Near-Term Target: $4.30–$4.40 (yesterday’s range top) — aligns with short‑term pivot R1.
Stretch Target: $4.57–$5.00 if momentum holds and it reclaims the 100‑DMA.
Stop Placement: Just below the recent sweep low at $3.88–$4.00.
⚠️ Risks to Monitor
Failing to hold $4.20 could indicate a false breakout and trigger retest of range bottom (~$3.75).
200‑day MA (~$5.38) remains a strong resistance barrier—momentum will likely fade unless the stock re-enters a sustained uptrend.
Broader market sentiment or sector-specific news (ESG/energy storage) could influence price sharply.
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.
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.