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

Free
Message: Not very convincing

Krying Relief, Re: Not very convincing

posted on Feb 26, 2008 07:33AM

Krying,

Here is how I read the hourly stats of MACD and Stochastic as of today (AMEX) :

Stochastic went into accumulation at about 130'ish on Friday.

MACD went into accumulation at about 1145'ish yesterday.

SP went above the long term average yesterday for a little bit and today at about 945. We are currently up about three cents.

For daily Stoch and MACD:

MACD shows accumulation beginning Valentines Day.

Stoch turned yesterday and is showing accumulation, but has been somewhat undecided since Feb 7.

My overall IMPRESSION / OPINION is that despite the low SP, KRY is going to start on an upward SP trend because eventually the cheap shares from this manipulation will dry up.

Share
New Message
Please login to post a reply