PPR - ELLI breakout

Published : September 13 2012 at 13:53 ET

Electronic mortgage origination service provider ELLI is having a pocket pivot which look to be coinciding with a high tight flag base breakout. Earnings and sales have soared over the last two quarters, institutional sponsorship has grown since inception 5 quarters ago. This is a volatile super high relative strength stock so position size with care. It is also a thin stock. ELLI connects over 51,000 professionals and lenders through its network.

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