EOSE: Massive Run, Poor Risk-Reward for New Entries

PeterDiCarlo
01-19

$Eos Energy Enterprises Inc.(EOSE)$ is up over 1,500% since our Monthly BX model first met criteria.

We’re now trading above best-case expectations and officially in “no man’s land.” I haven’t traded this because I was focused on other names and, at this point, I don’t think it’s worth chasing.

I still stand by that.

If I were already in, I’d be taking some profit off the table and holding a runner, since bull cycle criteria is still met.

As a new buyer, I’d personally be sitting out. The risk vs reward is not attractive here.

Yes, it could keep rallying, but from this level the RVR is not worth it for a new investor or trader.

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