Good volume profile near the trendline support ++ favorable market sentiment + needs to claim and close above EMAs -
Looks good nice bottom, curious how this one plays out correct me if im wrong with the count:)
NYSE:EGO #EGO Possible break of downward trendline Buy USD 11.32 TP USD 12.30 SL USD 10.81
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...
EGO Long Currently and bottom of the trading range/Major support (third test of the bottom of the range) momentum slowed down and a gap reversal formed Still in an uptrend on the weekly timeframe Has potential to break out of trading range and make new highs
Conditions for a gold and silver are ripe for a bullrun imo. Miners will be some of the biggest reapers of that bullish fruit. Money printer go brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
The chart has formed rounding bottom, looking to sustain the momentum and could reach 18, SL:9.5 Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any...
Entry price : 11.89 Fundamentals : - Sector: Mining - EPS % Chg (Last Qtr): 560% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 5150% - Sales % Chg (Last Qtr): 67% - 3-Year Sales Growth Rate: 30% - Annual Pre -Tax Margin: 2.4%
La cosa ha estado muy mal en el espacio de las mineras las últimas semanas, pero sigo pensando que estamos en un descanso de un movimiento mayor al alza. Vamos a ver que pasa con ElDorado
Appears to be in a saucer/cup formation. Also, P/E is 12.1, P/S is 2.5, and Earnings Yield is 8.2% vs industry 21, 4.5, and 3.8%, respectively. The ROE is 2.4% and projected sales growth is 63% versus industry 0.5% and 16%. Price targets have been raised recently along with strong analyst opinions. Just wait until more money is printed by the government. This...
Like long in and above box to upper targets. Can also wait for pull back long from lower targets.
Support @ 200 SMA Round number 8 38% Fibo Historical support and resistance since Nov 2019 Reversal HSH pattern in hourly chart