Krab

Stocks of Eldorado Gold Corp., true breakout trend

Long
NYSE:EGO   ELDORADO GOLD CORP
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Since August 2014 Eldorado Gold Corp. stocks have been falling. At present, we’re seeing efforts to breach the line of this trend, which will likely be a real one. The RSI chart shows the trendline has already been breached, with a pattern of further upward movement shaping up. The upside target is the upper limit of the side trend at USD 8.50.


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