Here is my chart for ELM.- ELM has broken long term price trend...

Here is my chart for ELM.

- ELM has broken long term price trend at around $2.30.

- It has also broken the long term momentum trendline at the same time and level.

The upper band of Bollinger indicator is not very steep atm, and allows stock price to go up to at least $3.20 without any abnormal action (can be $3.50 for a steep action which could be out of Bollinger band).

Then we will be all saluting $4.00 soon!

Cheers