Eltp stock price forecast taps into biotech seasonality trends

ELTP stock price forecast taps into biotech seasonality trends, historically showing higher trading interest in Q2-Q3 windows due to clinical milestone announcements. Butler National (OTCMKTS: BUKS ) is an obscure stock I’ve discussed before in past coverage of penny stocks. While primarily an aerospace products and services company, Butler also owns a casino (Boot Hill) in Dodge City, Kansas. As InvestorPlace Earnings reported on Apr. 29, E2 Open beat on revenue and earnings during the company’s fiscal fourth quarter ending Feb. 29. Given that this $4.50 per share penny stock previously traded in the low-teens, even a partial recovery would represent big upside. ELTP stock price forecast reflects strong speculation around new licensing deals. Early-week charts show bullish engulfing patterns—typically a signal of breakout potential in technical analysis circles.