These Are The Stocks That I Will Be Watching On Friday
Posted on June 28, 2012 at 17:37 PM EDT
( click to enlarge ) There is a possibility of a break out in Elan Corporation, plc (NYSE:ELN) shares for the following reasons - The stock has been trading within a steady short term uptrend - The volumes on this stock are up as seen in the accumulation distribution chart - The MACD is rising [...]

( click to enlarge )

There is a possibility of a break out in Elan Corporation, plc (NYSE:ELN) shares for the following reasons

- The stock has been trading within a steady short term uptrend
- The volumes on this stock are up as seen in the accumulation distribution chart
- The MACD is rising and still in the positive zone
- The RSI is still not showing the stock as expensive
- The stock is comfortably above the 200 and 50 day moving average.
- The volume chart from OBV has been on an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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