Weekly Stock Pick

[cayrozbq]

ELDORADO GOLD CORP (EGO-NYSE): Technical Viewpoint: From a low of $11.67 on Mar 26, 2010 prices rallied, reaching a high of $18.62

[Charlescuh]

A decline saw prices pull back, reaching a low of $14.93 on Jun 21, 2010. Another rally saw prices penetrate resistance line "A", closing yesterday at $18.37.

[CharLIpa]

Technicals: MACD Index (MACD): A Buy Alert! was given on Jun 18, 2010 when the solid line crossed the dotted line to the upside.

[cortnkhi26]

Support: Remains at $17.50. Resistance: Is at $18.62. Point & Figure: Reversed to the upside on Jun 19, 2010. A P&F downside reversal takes place at $17.00.

[CUVXN]

Summary: Technical indicators have turned bullish. BUY! ELDORADO GOLD CORP (EGO-NYSE) @ $18.63 Stop: Use a protective stop of $17.13. ELDORADO GOLD CORP is currently trading @ $18.37 plus $0.23 on Jun 18, 2010.