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alpha62539

ELAN reverse to mean trade

Long
Elanco Animal Health Incorporated (NYSE:ELAN)  
alpha62539  
NYSE:ELAN   Elanco Animal Health Incorporated
Trend Analysis Fundamental Analysis Technical Indicators ELAN returntomean bullishidea
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trendanalysis fundamental indicator elan returntomean bullishidea
Despite negative analyst reviews, ELAN managed to beat EPS and Revenue expectations and prove again that it will fight for market share.
Demand in the stock picked up for the last 2 weeks and a return of the stock price to its 200ma has a high probability to happen.
Do your homework and watch your risk.
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