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Is This the Top for eLong, Inc. (LONG)

Zacks Equity Research

eLong, Inc. (LONG) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because LONG is now in overbought territory with an RSI value of 70.1. Furthermore, estimates for the eLong, Inc. have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

ELONG INC ADS (LONG): Free Stock Analysis ReportZacks Investment Research