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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: MACD
1
Feb 25, 2008 09:40AM

It looks like the short term average has been riding above the long term average for the last six days. When short term is above long term, it indicates someone is accumulating. However, it should be pointed out that both, short and long term averages, are well below the signal line but they are headed in an upward trend back towrds the signal line. That is what the Daily MACD for KRY looks like. But, I am no expert.

I am only going by what the charts are indicating. I am not a chartist or a day trader. Only use these (Stochastic and MACD) to find reasonable decent entry and exit points. No single tool can tell what is going on overall.

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Feb 26, 2008 05:01AM

Feb 26, 2008 03:38PM
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