Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

On OTC - Looks like technical trading today. Expect it to be flat to some downside. SP reached the upper BB after recent run up. Looks like 117k at 0.09 as resistance at this time, and if the ask start sleap-frogging it might make everyone anxious. Remember, there are no Big Guys here and it is all speculators and daytraders running the show. They tend to use technicals and sell hard on news. 8DayMA is about 0.08 and could be a support level. Next would be 34DayMA at 0.073'ish. These MA levels are sometimes noted as most used by daytraders. 50DayMA is moving rapidly to converge with sp soon, maybe in another week or two, which would be a good thing for long time holders.

Posted as Today's"Trading" for a reason. No Market comment or Commodities/Resources comment as previous intent was to motivate folks to diversify and make up for losses. Thinking that long time holders here are somewhat averse to change, which may not be all that bad of a thing.

Hope everyone has a great weekend.

Please login to post a reply
jcwillis
City
Fairfield, California
Rank
President
Activity Points
14872
Rating
Your Rating
Date Joined
01/03/2008
Social Links
Private Message
Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
Create a Post