Elan ( ELN ) Stock Alert - Up in Pre Market Again

This morning is the second straight day Elan Corp ( ELN ) is up in pre market. It finally seems like it has bottomed out. This is a risky stock but the potential here is huge if they can just make Tysabri safe. You could be looking at a $25 stock in a year if everything goes right.



If you are day trading ELN.....these is strong resistance at the $12 range.....a break above this level would cause a nice spike intraday. A close above $12 and you could see a move toward $15 this month I think. Just keep an eye on the news wire!



Check out this week Earnings Calendar & The Top 2008 Stock Gainers