Home » Stock Market Articles » TheUpTrend.com Initiates Technical Coverage of Crystallex International Corp
TheUpTrend.com Initiates Technical Coverage of Crystallex International Corp
TheUpTrend.com announces that it has initiated technical coverage of Crystallex International Corp (TSX: KRY).
/24-7PressRelease.com/ - Our current technical analysis for Crystallex International Corp (TSX: KRY) is based solely on our charts. We do NOT check company fundamentals, news, earnings or rumors.
The current long term trend is up, but recent market action indicates that it is topping.
This current up trend would come to an end, with a weekly close below $3.90.
Current Long Term Price Support is at $3.91, $3.52.
Current Long Term Price Resistance is at $4.69, $5.08.
This stock has recently seen Panic Buying, indicating a reversal is likely.
The Pros are still in control of the price of this stock, on both a daily and weekly basis. But this support is starting to turn down.
Profile
Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela. Recent expansion and anticipated increases
in production will lift Crystallex from the ranks of a junior producer to one in the intermediate range. http://www.crystallex.com/
TheUpTrend.com provides on-line Investors with daily trend analysis and price targets on over 1,000 Canadian and US stocks, Canadian Income Trusts, Gold stocks,
iShares and iUnits, as well as all of the major market indexes. For Long Term investors, we also provide weekly analysis on over 1200 Canadian Mutual Funds from 30
different fund families.
Our current technical analysis is available to the public for the next 7 days @ http://www.theuptrend.com/chart_samples.asp
CONTACT: Stephen Whiteside, CEO, TheUpTrend.com
Tel: +1 416-915-6396
Fax: +1 416-352-6034
e-mail: mr@theuptrend.com
WWW: http://www.theuptrend.com/si4/gold-stocks.html
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Press Release Contact Information:
Stephen Whiteside
TheUpTrend.com
CEO
2 Bloor Street West
Suite 100, Ontario
Canada M4W3E2
Voice: 416-915-6396
Fax: 416-352-6034
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