Replies to post #17411 on Elite Pharmaceuticals Inc (ELTP)

[packerfanbud]

Thanks for posting this. It is fairly easy to understand, but I'll need to watch it play out a bit to be able to use it properly. Would you say that if this consolidates for a few days at the current level that it would be an entry point for swing traders to enter before the next upward movement?

[conix]

Totally agree. ELTP needs to stay abovd .125--the 50 Day Moving Average---and build a base again

imo