Elan TA

David Yu has put written up another in-depth technical analysis of ELN. its very thorough and he brings up several good points. and with that… i'm out of ELN for the meantime.

now im looking for a stock to go mid-term on.. any suggestions?

UPDATE: i'm still bullish on ELN, but i just don't like pullbacks. ELN's huge float makes it too easy for traders to short. also, options expiration is annoying because i've witnessed ELN get manipulated during options expiration week in the past. the SEC really needs to investigate the big traders in ELN.  

i'll be back in when things look better. i will be pissed if trials are restarted while im sidelined.