Replies to post #190338 on Elite Pharmaceuticals Inc (ELTP)

[Dr_Thorfin]

The 5% drop friday made the 14 Day RSI at 80% jump from .345 to .45
Another 5 to 6 % drop could take this up to .55 or .60
Thats gap filled and lots of room to run before overbought
Sad to think that way.......
Hope we get out of this otc swamp real fast
Elites fundamentals mean close to nothing right now
Just volume , RSI , bollingers and MA lines so small time traders have lunchmoney

[Jimmy Joe]

Significant strength 11 at $0.30 with significant resistance 16 at $0.31. Now trading at the mid-high end of the bollinger bands.

50 day and 200 day MA closing in on one another. It will be a while before they cross.