ELD 0.82% $8.47 elders limited

ELD TA, page-111

  1. 6,279 Posts.
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    Same as above. Not much to update. $6 is support and holding thus far. Waiting for a retest on that support. I will top up on the holding nearest I can to that mark or below if opportunity presents itself. Anyone with a 3+ years investment horizon then below $6.50 is a buy on conviction.

    Short term traders or trend traders... do not touch. Shorts still have a leash on this even if that $6 looks to be holding. ELD will need something fundamental to get out of the negative sentiment spiral and perhaps this will trigger a short squeeze. At close to 10% short it is juicy enough that there will be plenty of traders off screen waiting for a catalyst.


 
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