Quick Summary
- The Stock is in Recovery Phase. The Recovery Phase occurs after the market has bottomed and is showing weak signs of recovery. The prices may have temporarily stopped falling.
- The stock has recovered 37.1% from its recent low price of 1.59 which occurred on 22-Feb-2008. The current price is above the 50 day moving average of 2.09. Sustained move above the average could signal development of an uptrend.
- The closest support can be found at 1.66. The closest resistance can be found at 2.23. See Support/Resistance below for details
Learn more about KRY: (Technicals)(Fundamentals)(Relative Strength)(Support/Resistance)(Get Snapshot/Detail Chart)
Scroll down for more detailed analysis. How to trade Crystallex International Corporation(KRY)?
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Breakout Trade: A close below the support level of 1.66 could trigger a sell signal. Confirmation would occur when the high of the day would be below 1.66.
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Retracement Trade: Consider buying when the price retraces around 1.66. Consider selling/shorting when the price approaches 2.23.
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Risk Management: Consider risking somewhere between 0.231(10.6%) and 0.385(17.66%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock.
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