* Today's Sector Analysis: "Gold " Institutional Technical Viewpoint
Buy Alert! Allied Nevada Gold   (ANV): $20.75 Stop.  $19.25 P-Stop  $27.50 P-Objective
Dow Jones Ind: 10,450.64 plus 16.47 points Jun 20, 2010 * Price Objective: 11,800    Volume Two No. 2377

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 on May 12, 2010. A decline saw prices pull back, reaching a low of $14.93 on Jun 21, 2010. Another rally saw prices penetrate resistance, closing 6/18/10 at $18.37. Technicals: MACD Index (MACD): A Buy Alert! was given on Jun 18, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $17.50. Resistance: Is at $18.62. Point & Figure: Reversed to the upside on Jun 19, 2010. A P&F upside reversal takes place at $17.00. 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. Price Objective: $27.50. Risk/Reward: $1.50 VS. $8.87. Today's Risk Reward Ratio: 6:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$27.50 Risk/Reward:
$1.50 VS. $8.87 Risk/Reward Ratio:
6:1

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