Elite Pharmaceuticals Inc (ELTP): sharpei, I use the weekly chart as a "su...

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Re: sharpei post# 138826

Monday, 12/22/2014 8:09:39 AM

Monday, December 22, 2014 8:09:39 AM

sharpei, I use the weekly chart as a "supporting" perspective to deciding entry points for a trade. But the weekly chart would never change my mind on what the more recent charts indicate.

ELTP's RSI is in the neutral zone, imo. But the tax loss selling has an impact on the trading these next few days.

JMO>

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