Written on Fri, 06/28/2013 - 11:50am
By David Diaz
www.mysmartrend.com/news-briefs/...ross-coeur-dalene-mines-cde
Coeur d'Alene Mines (NYSE:CDE) crossed over its 10-day moving average of $12.72 on a volume of 949K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Coeur d'Alene Mines have traded between a low of $11.48 and a high of $31.97 and are now at $13.06, which is 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.7% while the 200-day MA has slid 1.1%.
SmarTrend recommended that its subscribers protect gains by selling shares of Coeur d'Alene Mines on November 6th, 2012 by issuing a Downtrend alert when the shares were trading at $25.83. Since that call, shares of Coeur d'Alene Mines have fallen 53.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time