Aug. 4 at 7:41 PM
$ELPW
Price Level Why It Matters
$0.12 The latest public offering price. This is the most important support level right now. Holding above it is a positive sign.
$0.15 First area where short-term traders may take profits. A move above this with strong volume would be encouraging
.
$0.20 A psychological resistance level and an area where many recent buyers may break even.
$0.25 Another major psychological level. There are also prior market participants around this area, which can create selling pressure.
$0.40 The price of the previous public offering. Many investors will watch this level closely. Breaking above it would be significant.
$0.50 A major round-number resistance. Momentum stocks often pause here.
$1.00 Very significant psychologically. Many traders become interested if a stock approaches or regains
$1.00.
*NOT INVESTMENT ADVICE DO YOUR OWN DD
