Possible Bullish Engulfing Pattern Detected for Crosshair Exploration & Mining (NYSE:CXZ)

Energy Investing

FNNO reports on Crosshair Exploration(NYSE:CXZ) current stock information.

FNNO reports on Crosshair Exploration(NYSE:CXZ) current stock information.

The market news is quoted as saying;

Analysts have spotted a possible bullish engulfing pattern in Crosshair Exploration & Mining (NYSE:CXZ) based on the price action in the company’s shares.  Last Friday, Crosshair Exploration & Mining traded 123,000 shares vs. average volume of 192,000 shares per day.  The company traded 133,000 shares on Thursday.  Heavy volume increases the reliability of this bullish  candlestick pattern.

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