Replies to post #197462 on Elite Pharmaceuticals Inc (ELTP)

[John_Langston]

Too bad Savvy investors don’t use that site and sold 400K out of 500K shares traded yesterday and 569K out of 932K shares traded today.

[BostonTrader]

Impressive for a stock that has gone nowhere. The 4/27 was a bullish harami cross that wasn't confirmed, actually none of those patterns you reference have been confirmed.

This is also a stock where charts are impossible to use in a tight range, as today shows. It's trading .315 most of day, and at the end on peanut amount of shares jumps 1.2 cents. So in the opposite direction. Can't use charts. Play the range, .31-.34 or so, it's really going nowhere. Break of .30 spells trouble, break of .35 and it's looking good.