ELAN back from the depths (again !!)

Good link Cat, though I have seen far larger short positions. Might help the sp at some point though could equally work against us.

Rescuer, I am long ELA. However, the sp got ahead of itself when it broke through circa $10, possibly. My view is based on gut feel alone and I have taken the necessary action to suit. My short was closed yesterday as stated, but I will re-enter when the SBET co's allow if still applicable.

On fundamentals, ELN was overpriced at $30 WITH TY, and quite significantly, again IMO.

Again, the TA indicates we will have a run up to c$20 as there is no overhead resistance worth noting. I think this is also possible.....I can actually see $13 back down to $10 and then straight to $20, with maybe a slight pause at $15 ish.

Overall, fcuk knows.

Fuck wits Jarvis and Barty certainly dont and this will be my final posting on this BB, whatever the sp does.

Good luck

HOT