ELGX (2.51), lot's of upside with Endologix

Looking at the chart, please observe the narrow band of support in the 2.47-2.60 range. A breakdown is possible here, thus a stop of 2.42. 
Upside potential is enormous depending on the length of the holding period. Resistance gap is a staggering 62.5% at 3.95 to 4.21. 

Comments