ELY Long Term Investment Possbility

Alden sees an entry for a play on ELY by the end of 2017. This chart is a long term chart that shows a mean reversion of the channel for the past couple of years is feasible. With that being the case, we think this could be a good one to take a small position for the long term. One thing that's very noticeable with ELY is they tend to be a standout as a brand and tends to operate as a reasonable investment in a consistently growing economy. Golf seems to be a good time for a lot of people and ELY has managed to establish its brand and stick out.

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