Elite Pharmaceuticals Inc (ELTP)

[Drugdoctor]

BIG-BLUE-SUPPORT Chart-Line - TESTED - HOLDS>>>

So Price has gone all the way back to test October 2023 levels, as the FUNDAMENTALS now are so much stronger now than in October. Obviously, many longer term investors saw their paper gains getting lost, so they have sold and taken profits from many years before when ELTP struggled to cross the .05 level. Now there has been HUGE ACCUMULATION above the .13 BIG BLUE SUPPORT line, and the chart certainly shows that the bottom may be in. RSI has bounced twice off of 30, and the accum/dist line has turned... Could be a great area for investing/adding shares, in my opinion.