Exit Case: Eldorado Gold Corporation (NYSE: EGO) 

Eldorado Gold Corporation (NYSE: EGO) is a gold and base metals mining, development, and exploration company. It has mining operations, ongoing development projects and exploration in Turkiye, Canada, and Greece.  EGO has been a part of the 'Momentum Model Portfolio' since May 19, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the current market price of USD 19.84 as on May 23, 2025 (6:33 am PDT). 

EGO’s Daily Chart

New Entry Case: Nuclear Energy Inc. (NASDAQ: NNE) 

Nano Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company. Its business lines include cutting edge portable and other microreactor technologies, nuclear fuel fabrication, nuclear fuel transportation, nuclear applications for space and nuclear industry consulting services. 

Technical Analysis: On the daily chart, NNE's price has established support at key levels, indicating a possible upward reversal in the near future. The 14-period RSI has bounced off its midpoint, supporting a bullish outlook. Considering the company's resilience and stability, the likelihood of a sustained uptrend is heightened, improving the chances of retesting previous highs. NNE seems well-positioned to leverage its momentum and achieve gains in the short term.

NNE is recommended as a new entry in the 'Momentum Model Portfolio' as on May 23, 2025. Considering technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the current market price of USD 29.30 as on May 23, 2025 (6:33 am PDT).

NNE’s Daily Chart

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of May 23, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.