EOAN or EO.N or Energy Long positionWe are currently in an uptrend with the 200 green ma line slooping up and the price beeing above it.
We hit a support that has previously been resisistance with multiple tops in the past.
From this support we have had positive uptrend bullish candles.
Now we set stoploss under the last bottom and go for a 1/1 ratio stoploss and take profit.
EOAN
EOAN to change the world you need to change your trendDefinitely has to touch the support area, not only because the downtrend we have, but also for the importance and the attraction that generates a support cluster like that one.
However, despite the need that seems to have to touch it, I do not think we have the strength to cross it, so a rebound is very possible.
if it were to cross, the next important support is in the area of 7.0
Although this plan requires some months to complete it seems to me that it is quite important for the area in which it is located.
I hope you find it useful
Best wishes to all