Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Building Support

Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Building Support






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Building Support Momentum Building Again Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators. Stochastic Oscillator One method of […]






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Headed Back Over 20c

Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Headed Back Over 20c






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Headed Back Over 20c ELTP, TLIF, NPHC are 3 BioTechs we are buying today Bullish Divergence in Data ELITE PHARMA closed up 0.002 at 0.165. Volume was 71% below average (consolidating) and Bollinger Bands were 71% narrower than normal. Open High Low Close Volume___ 0.163 0.166 0.162 0.165 498,860 Technical Outlook […]






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Back on the Radar

Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Back on the Radar






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Back on the Radar Elite Pharmaceuticals Inc (OTCMKTS:ELTP) has survived an FDA bump and is again consolidating, this could well be the precursor for another run forward. Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action […]






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Breakdown or Rebound?

Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Breakdown or Rebound?






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Breakdown or Rebound? This stock is definitely oversold, the short volume is picking up, yesterday shorts were 3m of the 8m traded, that ratio has been rising over the past few days. The stock made a similar move late last year and recovered, that is an encouraging sign for shareholders. Shorting […]






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Update

Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Update






ELITE PHARMA closed down -0.026 at 0.157. Volume was 513% above average (trending) and Bollinger Bands were 407% wider than normal. Open High Low Close Volume___ 0.183 0.184 0.150 0.157 9,931,243 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 0.24 0.31 0.32 Volatility: 163 133 98 […]






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Consolidating, Can it Bounce?

Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Consolidating, Can it Bounce?






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Consolidating, Can it Bounce? The technicals here are ugly, BUT, the stock consolidated well yesterday and today really is showtime. If the stock can hold it’s range here then it may well bounce back in the near future. ELITE PHARMA closed down -0.024 at 0.208. Volume was 195% above average (trending) […]






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Trading Outlook, After the Sell Off

Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Trading Outlook, After the Sell Off






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Trading Outlook, After the Sell Off ELTP has been hammered so the technicals naturally look ugly, yesterday the stock hung on very well considering some bad news. The real answer to “what’s next” will be some update from the company as to their path forward. Candlesticks A big white candle occurred. […]






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Trading Outlook

Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Trading Outlook






Elite Pharmaceuticals Inc (OTCMKTS:ELTP) Trading Outlook ELITE PHARMA closed down -0.035 at 0.310. Volume was 193% above average (trending) and Bollinger Bands were 89% wider than normal. Open High Low Close Volume___ 0.349 0.350 0.301 0.310 3,527,998 Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 0.35 […]