Price Analysis 22/06: EOS

EOS bounced off the 20-day EMA on June 21. It is likely to rally to the resistance line of the channel. If this level is crossed, the next move is toward $8.6503 and above it, $9.30. The 20-day EMA is starting to turn up and the RSI has jumped into positive territory, which suggests that bulls have the upper hand. Traders can trail the stop loss on the long position to $6.40.

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