What an optimistic but false prediction! Just look at the charts. They'll tell you, if you can read them. Stochastic, RSI and MACD all give bearish signals. ELN are going to trade between 24.8 and 28.8 until there will be a breakout (accompanied by heavy volume)on either side. My prediction: sell!
They may work for co's with long established trading histories but not Elan
The introduction of 2 new drugs onto the market and all indications so far that such is the demand for Tsyabri that insurance co's are fast tracking payment as the FDA fast tracked approval (in view of the overwhelming data) and so the potential revenue growth for the co makes a nonsense of attempting to use charts