Petroleo EGOH - Could This Finally Be The Start Of Something?

Petroleo






EGOH, for the first time this year, posted a sizable gain into the close.   Volume was above average as the stock looked to break out of a serious down trend.  Currently the price rest right at the 50dma.  This will be a key price point to break if the stock wants to post further gains.

EGOH bear watching heading into next week.
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