Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 6/12/2013, 6 days ago, when the stock price was 0.0827. Since then CRCUF has fallen by -3.26%.
The immediate danger is over but not enough to relax now. The bears that triggered the bearish stop loss are at the door and the bulls are struggling not to yield their ground. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss.