$EOSE EOS Energy Enterprises

+29% for the day and this pullback is deep enough to qualify as an A-wave style correction. Price has done enough damage to reset sentiment, but time has not done its job yet.
Keep in mind that the 25x move already achieved in the stock happened over ~594 days, while this correction has only been working for about 91 days. Time more important than price and anyone suggesting this is ready to push to new highs right away is getting ahead of the chart.
What is constructive here is that the stock appears to be finding support around the 0.5 fib near $4.45. That is meaningful, and with momentum getting washed out, it opens the door for a sharp reflex rally. But a reflex rally is not the same thing as a new impulse higher. The stock is still below the key weekly EMAs. The first important resistance zone is really the $7 to $9 area, where the 0.618 retracement and major EMAs begin to stack. That is where I would expect supply to show up on the first attempt.
Near term, I can absolutely see continuation from the bounce today. But structurally, this still looks more like the setup for a B-wave rally than a clean breakout to fresh highs. If it can reclaim and hold above that $7 to $9 area, then the conversation changes. Until then, nothing changes
$EOSE likely needs a new change in management, at least I think it'd go a long way with current shareholders. They're a critical player in the AI infrastructure theme too. Longer term, I do think buying in the $4-$5 range will likely prove to be a strong avg and support if the broader business thesis remains intact. There is value in that zone.