ELLI will be added as an active short trade here at 24.35 as it has recently broken below this ascending triangle pattern. An additional downside target might be added if/when prices break below T1 as that would be the trigger for a breakdown of a double-top pattern (21.30 would be the base of that pattern, giving a measured price target of about 12.00). However, as the near-term market trend is still bullish for now, my preferred target at this time is T1 (21.30) which would provide a 12.5% gain if hit.
