ELTP off of the 50 DMA here. Entry about .12 or .13. We like our picks to have a good shot at a 100% gain and this one has a strong possibility of hitting the recent .26 high which will give us the 100%. ELTP also has a solid chance at busting through the recent high of .26 after testing it. There is a lot going on with the company as far as their pharmaceutical production goes.
This buy issue from .12/.13 today after a 2 day pullback from .19. This pullback was because some shares were added to the OS. You can read about it in today’s news.
We’ve been very consistent with our past stock picks, and we never give out to much information. If you want to know more about the company. It’s easy enough to find.
We’ll keep you posted on movement and changes. Good luck!