ELD TA, page-111

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.