looked at that ELK chart and for the life of me can't understand your call, can you expand a bit pls?
have traded this stock in the past few mths and have found everytime it takes a move up on vol it gets pushed back down again, now yesterday's candle looks awful to me and often it takes a bit of effort to overcome a down day like that.
may be completely wrong, and if this morn's news is pleasing enough for traders, will take a bit longer to penetrate highs, who knows?