EarthLink, Inc. (ELNK)


EarthLink, Inc. (NASDAQ:ELNK), the internet service provider, has printed an impressive downtrend during the past year.
It has printed, however, multiple positive divergences of the MACD indicator as you can see in the chart. A hammer printed on 13 November after a down gap might mark a relative low. There is the possibility at least for a short term rebound toward the 7.15 and 7.50$ objectives. It is a risky setup, however, as the stock has not followed the general market uptrend.






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