Digging into smart grid names I found this ELON today. It has just announced a Partnership with Mitsubishi where Mitsubishi will add an ELON smart meter product to it's portfolio. The news created an above average volume breakout that looks primed for more upside. The short ratio is currently 7. The stop is up to you as there is no great place to put it now. I'll be watching this the next few days and if I take a trade I'll tweet it.
You can follow me on stocktwits @a_jackson and twitter @a_jackson8 for said updates.
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