EUO still in Stage 1 on Weekly chart. It needs to definitively break through the 30 week MA. Downside target may have been reached based on Measuring Gap. EUO needs to break up through blue falling wedge with concordant CCI rise to above 100. The latter would be associated with an equivolume box breakout.
Vanderbilt Tower Lighthouse, New Dorp, Staten Island, way back when...
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