EGO Stock Crowded With Sellers
June 12, 2015 at 11:39 AM EDT
In trading on Friday, shares of Eldorado Gold Corp (EGO) entered into oversold territory, changing hands as low as $4.27 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..