SUMMARY
EOS has some significant potential to put in higher highs at much loftier levels! It's currently preparing for the upcoming violent upmoves by pathing out the the a,b,c,d,e triangle pattern. It has a bit more to go by completing the c,d and e waves. IF this consolidation is correct as it likely is since the a,b,c,d,e triangle pattern allows EOS to adhere to the Hurry & Wait syndrome; then some fireworks could be seen not too long from now.
This chart shows a longer perspective of how these higher degree of trend waves fit into perspective. The target of $46.12 aligns to wave 3 being about 2.618 of wave 1 and wave 5 being about equal to wave 1. These are Fibonacci conditions met when wave 3 is the extended wave. Much of these are explained in my Fibonacci and Elliott Wave tutorial.
The video analysis has more details and step by step process:
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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Disclaimer: 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.**