a technical opinion

Welcome to the Crystallex HUB on AGORACOM

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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a technical opinion

posted on Sep 17, 2009 08:23AM

From what I can tell the Simple Moving Average (20) was just breached at USD .257

With RSI (14) looking good it seems as though the top end of the BB (20) at USD .313 will be next and then the next logical target would be USD .435 which would be the EMA (50). The EMA (50) USD .435 is both the 1 year and 3 year weekly average.

If I was day-trading this stock, which I am not, I would suggest letting the bid run to the ask side with USD .313 in easy sight and then probably a very good chance of hitting the next target at USD .435