Replies to post #742 on Eldorado Gold Corp (EGO)

[JoshuaJames]

In my opinion, it's too risky.
EGO just made it's bottom and is just now creating the first of many continuation patterns.
There is no "short interest" in EGO according to reports,so what you are profiting on is the new buyers that are building this cup&handle formation.
Just as double or triple the volume signaled the rise..the same amount when short sellers make their move will signal a profit taking move...that is if you are trying to capture the longest uptrend.
Patiennce grasshopper.

[JohnCM]

Buy up to $1.50 ( used to be $1.25 ) and sell at $2.00

I can't see buying the dips and selling the pops.