Buyers push price up on the back of strong half year results

Potential Buy Entry Alert EOS

 

Time Frame : Daily/Weekly

Sector/Industry Group : Capital Goods/Industrials

Key Stats : $282.55 Million Market Cap, VWAP 3.008, ASX Ranking 482, 4 Week Av Turnover $206,693.

Company Overview : Electro Optic Systems Holdings Limited (EOS) is an Australian technology company that operates in the Aerospace and Defence Markets. EOS focuses on development, manufacture and sale of telescopes and dome enclosures, laser satellite tracking systems and the manufacture of electro optic fire control systems. EOS operates in Australia, USA, Singapore and Germany.

Broker Consensus : None

 

EOS – Electro Optic Systems Holdings Limited

EOS is showing strength today as buyers start the march higher. We are now watching for price to push up out of contraction after positive news today on half yearly results was taken well by traders. Watching for the higher low to build the buy entry setup.

 

Stock Code : EOS – Electro Optic Systems Holdings Limited

Company Website : www.eos-aus.com

Current Price : 3.06

Status : On watch for a buy entry setup