Elite Pharmaceuticals Inc (ELTP): Our system’s recommendation today is to...

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Elite Pharmaceuticals Inc (ELTP)

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Don'tDrinkTheKoolAid

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Re: A deleted message

Tuesday, 01/19/2016 10:04:07 PM

Tuesday, January 19, 2016 10:04:07 PM

Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 01/06/2016, 13 days ago, when the stock price was 0.4055. Since then ELTP has fallen by -19.85%.
Market Outlook The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected. Based on this pattern, in response to emerging market bullishness the system established new confirmation and stop loss levels. The signal tells us to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a possible bull run.
I might have to buy some more. LOL Too bad no low .20's well 6-12 more weeks, too soon to tell. Interesting could be a bull trap too?

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Recent ELTP News

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