TradingView
ChristopherCarrollSmith
Feb 19, 2020 4:04 PM

Elevate near support with solid fundamentals Long

Description

Elevate has been a little weak, because it's a subprime consumer lender and thus poses a lot of risk in a possible recession year. Also, earnings growth is expected to slow somewhat next year. Still, this company posted great earnings on its last report and has extremely bullish analyst ratings (9.8/10 summary score). It's also near a long-term support level right now around 3.70. Unfortunately this one's not optionable, so this is just for traders who buy shares.
More