Shares of EGO Now Oversold
Posted on January 25, 2013 at 16:13 PM EST
In trading on Friday, shares of ElDorado Gold Corp (EGO) entered into oversold territory, changing hands as low as $11.40 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.