Crosshair Exploration & Mining Corp. – Can we buy it yet?

by JDH on December 30, 2006

CXX.V – Crosshair Exploration & Mining Corp. I sold my shares at $4.00 on December 11; it closed at $3.32 on Friday, so it was the right move to sell. I still like it, but it appears to be breaking down, so I will wait to get back in; (this is a play on the Dines Letter recommending this one at some point in the future, which should cause a nice pop, probably well over $4).

The MACD is looking good, but the uptrend line may have been violated, and the downtrend line is obviously still intact, so it is too earlie to start buying more shares at this time.


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