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EGO Breakout Stock Alert

Long
NYSE:EGO   ELDORADO GOLD CORP
BREAKOUT STOCK ALERT
$EGO - Eldorado Gold Corporation Ordinary Shares
Initial Alert Price: $12.31
Potential Price: $18.90
Potential Gains: 53.53
Stop Loss Limit: $


Looking for EGO to breakthrough the current levels of resistance around the $14.49 Levels to begin trading between those levels and $18.90 over the course of the next week or so. The stock has seen large buying volume spikes in the last few weeks and showing signs of completing a pullback while gaining momentum to the move forward beyond those $14.48 Resistance Levels.
The company just announced signing amended investment agreement with the Hellenic Republic to govern the further development, construction and operation of the Skouries, Olympias and Stratoni/Mavres Petres mines and facilities in northern Greece (collectively the "Kassandra Mines"). The Agreement amends the 2004 Transfer Agreement between Hellas Gold S.A. and the Hellenic Republic, and provides a modernised legal and financial framework to allow for the advancement of Eldorado's investment in the Kassandra Mines. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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