ELK elk petroleum limited
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chart starting to look good

  1. binbin
    2,878 Posts.
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    15/09/09
    20:49
    Post #: 5646051
    For those who follow technical analysis, ELK Chart is starting to look very positive for the following reasons:

    - MACD signal line crossed a few days ago
    - RSI rose above center line a few days ago
    - OBV turning up in the last few days
    - Bollinger bands starting to expand from constriction with price moving up

    IMO, we should see a run very soon.

    ELK Price at posting: 16.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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