EON is an electric utility company based in Germany, In the near term price appears to be bearish and headed for a re-test of the lows of March 2020 (lows are shown with the blue arrow). RSI on the daily is below 50, indicating that a bearish trend is intact. Price is in the lower part of the pitchfork, headed for the monthly horizontal support line (green). Keen to know what others think. Please leave a comment or link to your own ideas!
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