EROS has been mostly in consolidation this year, but ended last week breaking out, signaling a bullish outlook.EROS Daily Chart(click to enlarge)Breakout:- The daily chart shows that the market has been beariosh since mid-2016 when price failed to push above 20.00. - Since then, price has slide back to around 10. - In 2017, price settled into a range between roughly 8.7 and 12. - Last week, price broke above the range resistance, signaling a bullish reversal against the 2016-2017 slide. - Note that Friday's price action essentially tested the broken range and respected it as support, further suggesting upside. Upside:- The weekly chart shows that price action has been sideways-bullish since 2016. - A return towards 20, and even a break above 20 is within this mode.- The prospect of this bullish outlook can be strengthened if price retreats but finds support around 12. EROS Weekly Chart(click to enlarge)