Thoughts on #EIGEN
$EIGEN has broken out of the broadening wedge on the 2H, pushing above the resistance line with strong volume. The volume profile shows $EIGEN has already entered the low volume zone, so the move from here can be fast.
If $EIGEN holds above the breakout level, I expect an explosive move toward the $0.225 area. A 2H close back below $0.190, the trendline support zone, would invalidate my idea.
$EIGEN has broken out of the broadening wedge on the 2H, pushing above the resistance line with strong volume. The volume profile shows $EIGEN has already entered the low volume zone, so the move from here can be fast.
If $EIGEN holds above the breakout level, I expect an explosive move toward the $0.225 area. A 2H close back below $0.190, the trendline support zone, would invalidate my idea.
