Elite Pharmaceuticals Inc (ELTP): I am definitely not a technical expert,...

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Elite Pharmaceuticals Inc (ELTP)

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Re: g2nec post# 8113

Tuesday, 07/19/2011 4:41:23 PM

Tuesday, July 19, 2011 4:41:23 PM

I am definitely not a technical expert, but it looks like we could go as low as .10 to bounce off the lower BB. Also, we are very oversold. Any sniff of good news and the chart looks like we could go up to about .18 within about a week after the news. I am really wishing I had some flip shares as the past three months have been .11-.20 like clockwork.

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