Re: Run-Up Again with no follow through?
in response to
by
posted on
May 16, 2010 10:04PM
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
Pen, as of right now the TA does support this play so you get it both ways.
My only point in all of this was to show that elementary TA could have had you in cash or short before KRY tanked and probably gotten you back in at a very attractive price a few months later. For me that's alot more useful than speculating on Hugo's next move or faith in Fung.
I will say it again. Right now the TA is positive. If we can get above $0.50 and stay there then we could go whole lot higher. I am long here and remain hopeful that something will happen to explain and reinforce the positive technicals.