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Jeff Pierce
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I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in... More
My company:
tradewithZEN
My blog:
zentrader.ca
  • CRX Looks To Have Bottomed 0 comments
    Feb 26, 2013 8:39 AM

    By Jeff Pierce

    On the daily chart there seems to be strong support for the CRX (Commodity Related Equity Index) near $860. The rise of the RSI could have been stronger during the February rise, which would give me more confidence that this is going to bounce, but I do like the look of it regardless. Given that I'm generally bullish on the general markets at this point it's a good bet this is going higher as well.

    Next target is near $950.

    crx

    crx.weekly

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