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Echelon Corp. (ELON) Technical Analysis For Friday, April 27, 2012

|Includes: Echelon Corporation (ELON)

Four straight up days appears to solidify the idea that a bottom has been established after a long-term downtrend. The indicators are showing a solid shift in trend and momentum which has the chart looking to test the 50 day moving average as resistance around $4.65. Bottom support is intact at $4.15.

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