SmarTrend's Trend Spotter See Continued Upward Momentum on Shares of Crystal River Capital (CYRV) - 3/19/2010 12:48:42 PM
SmarTrend identified an Uptrend for Crystal River Capital (NASDAQ:CYRV) on February 16, 2010 at $0.57. In approximately 1 month, Crystal River Capital has returned 22.8% as of today's recent price of $0.70.
Crystal River Capital is currently above its 50-day moving average of $0.53 and should find resistance at its 200-day moving average of $1.13. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Crystal River Capital shares.
