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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

Candelaria Mining Corp. is a Canadian gold-copper exploration company with a portfolio of two highly prospective projects in Mexico. The Company owns 100% of the Caballo Blanco and the Pinos Gold Projects. The Caballo Blanco license area is located on the eastern coast of Mexico in the state of Veracruz, 65 kilometers northwest of the city of Veracruz. The most advanced project in the license area is La Paila, which is conventional open pit/heap leach mining operation targeting approximately 100,000 ounces of gold production annually. The Pinos mining property and historical mining district is located in the municipality of Pinos, Zacatecas state in north-central Mexico near the town of Pinos, Zacatecas. The property lies 405 air-kilometers northwest of Mexico City and is 67 km west-northwest of the city of San Luis Potosi, 113 km east-southeast of the city of Zacatecas, and 85 km northeast of the city of Aguascalientes.


TSXV:CAND - Post by User

Comment by viper94on May 25, 2011 11:08am
296 Views
Post# 18622827

RE: RE: Go Canaco Go@!!

RE: RE: Go Canaco Go@!!
Canaco Resources Inc
(CAN:TSXV)

Industry: Metals and Mining
Competitors: none

Event Lookup
Event Details for:
Rate this Event:
Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.
: May 24, 2011
: Short-Term Bullish
: $4.14
: Daily
: 1,090,425
Event has not been confirmed yet.
Price crossed above the 21-day moving average.

1mth | 3mth | 6mth | 1yr | 2yr | 5yr



Canaco Resources Inc
(CAN:TSXV)

Industry: Metals and Mining
Competitors: none


Summary Short-Term Intermediate-Term Long-Term
Select your trading horizon.
| | |


Highlights
Long-Term: More than 9 months

Technical Events
3 bullish
2 bearish - closest target $1.80-$2.30
See table below for details. This page shows active events - view historical lookup for more.

Support found at:
.07
Resistance found at: $4.99
Based on 500 bars.

Stop Price
For long position: $3.02
For short position: $4.75
Based on Recognia Trailing Stop ("medium") assuming position entered at last close price. Stops are updated with each new close price.



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