Thursday, February 26, 2015

Caledonia Mining Back In BUY Zone On Long Term Chart

Caledonia Mining Corporation (stock symbol(s) CALVF, CA:CAL) is trading down near solid support area. Taking a look on the long term chart of Caledonia Mining shows that it may be nearing an oversold level from where it may look to move higher longer term.

Study the chart below:

Not only has it tested support levels many times in this area, but the Slow Sochastic has just crossed over and may now look to start moving back up. This would likely lead to higher share prices in the future.

Caledonia Mining Corporation is profitable with positive cash flow and a healthy balance sheet. Even better, Caledonia Mining pays a quarterly dividend. Caledonia operates the Blanket Gold Mine in Zimbabwe.

To learn more about Caledonia Mining, please visit the company website at