Sep. 16 at 2:23 PM
$ELDN Day 105. The weekly shows most indicators are oversold with RSI dropping under 25 and macd pushing down into the reversal zone. Vortex lining up for upward momentum and is verified by dwindling selling volume. Support 1 is basically where we are. Support 2 at 2.60 then 2.50, Resistance 1 is 2.75, then steps up 2.87 and then around 3 for resistance 3. I am buying more to average down. I believe the obstacles and delays are minor setbacks in the path to freeing people from the unfortunate realities of diabetes. The low cash is concerning and there is definite warranted caution. I am staying and getting more because I believe they will overcome these obstacles and have a great Phase 3 trial which is expected to begin soon. That means the next month as they said in Q4 2026 in a release. It could be later as a month would likely be the start date of at least months long diligent testing and monitoring. I don't really know what is going to happen. I do believe it will be worth it.
