buff22

ELNK Long rally in store? Decision time.

NASDAQ:ELNK   EARTHLINK HLDGS CORP
ELNK             is sitting at important resistance, which will likely decide if it rallies heavily in the coming month, or slumps back down. It broke strong trendline resistance, yet could form a double top where it stands if it fails to break the 8.90 level.

Fail- Heading to 8.30's
Break- Target 1: 9.10 Target 2: 9.50+
Trade closed manually: Looks like price hit both my fail and break targets, as it first fell back tor retest, and then promptly turned around to target on the long side.
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