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Is ELA poised for gains? 180 Bullish Setup shows up after rising 0.76%

Envela Corporation (ELA) — SwingTradeBot Technical Analysis Report · Oct 2, 2025, 17:48 ET
ELA posted a 0.76% gain on Thursday, October 2nd, accompanied by 0.4× normal trading volume. The session formed a 180 Bullish Setup, often signaling a possible continuation. Key support levels exist at 7.76, 7.6 & 7.51, with resistance at 8.01, 8.1 & 8.26.

Current SwingTradeBot Technical Rating of ELA: B

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Envela Corporation (ELA)