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Thursday, January 10, 2008

ELI: Falling Wedge

Yesterday, I began to place ELI in my watch list. I saw from my chart that ELI has touch its support line and bounced back. Indeed, today ELI went up and tried to penetrate pass the 0.78.
Right now, I'm waiting for the breakout pass the 0.78 price.

Falling Wedge
ELI Chart as of January 10, 2008