Elan TA

By Johns Wu on Aug 10, 2005

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.

Tysabri FDA Panel The news is out. The Tysabri FDA panel has made a decision and has unanimously ...
Tysabri Monotherapy Hate to say I told you so, but the news is out that Biogen Idec ...
Tysabri Update from Elan UPDATE (6:51am PST): so, basically kelly martin tells us that tysabri will be back.... and ...
ELN Trade This morning, I bought ITM calls in ELN, Elan Corp. plc, after a technical breakout ...
FDA re-Approves Tysabri As many of you know, I've been following Tysabri and Elan ever since this blog ...

This entry was posted on Wednesday, August 10th, 2005 at 7:21 pm and is filed under Market News. You can leave a response, or trackback from your own site.