EOSE longHi All,
My name's Kyle Ciotti and it's my rookie year with trading as of 9/1/2022. I'm excited to work with Trading View's platform - very high-tech & easy to navigate. My background is in financial planning, currently mainly focused on fixed indexed annuity strategy. I'm 34 years old and after a blown $1,500 account in high school I have never tried to trade in the market again - Until now. I'm 34 years old with an SEC-registered Series 65, 63, 6, and SIE license, but, don't let these certifications fool you. I'm an amateur trader like many of you and looking to level up my skills.
My focus is on penny stocks ranging from roughly $0.80 - $2.00.
With that said, after reading an article online I was fascinated with Eos Energy (EOSE). After analyzing the charts it looks like it could be set up as a long opportunity. The company is developing battery technology to rival lithium-ion technology. And, with bullish/bearish trendlines converging around $2.30, I think this stock could see some explosive growth.
I set EOSE buy price between $2.10 - $2.15
Target sell price points are between $2.48 - $3.40
I currently set my stop price level at -2.5%. I understand this is an aggressive stop percentage, however, until I have enough data to argue for changing it then it'll stay at -2.5%.
Thanks for stopping by!
KC
EOSE trade ideas
$EOSE Description: Eos Energy Enterprises, Inc. designs, manufactures, and deploys battery storage solutions for utility, commercial and industrial, and renewable energy markets in the United States. The company offers stationary battery storage solutions. Its flagship product is the Eos Znyth DC battery system designed to meet the requirements of the grid-scale energy storage market. The company was founded in 2008 and is headquartered in Edison, New Jersey.
Industry: Electrical Equipment & Parts
Eos Energy Secures Contract valued at $2 millionEos Energy Secures Contract to provide Safe, Sustainable Storage to California Hospital
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), today announced it has a firm order from Charge Bliss, Inc. (“CBI”), a renewable energy microgrid developer/builder, to provide a critical care hospital with 2 MW of energy storage using its Znyth® battery. The deal is valued at $2 million.
“We are proud to collaborate with Charge Bliss to provide safe and reliable storage for a hospital micro grid application,”
Eos will provide this groundbreaking project with up to 2 MW of continuous power delivery upon installation, which is scheduled to take place in the second quarter of 2021.
“Our microgrid systems are engineered to supply clean energy while reducing peak demand,”
finance.yahoo.com