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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: The Osprey who wrote (1956)4/20/2001 10:27:31 PM
From: Al Collard  Read Replies (1) of 11802
 
Hi Osprey,

Your in with OEL-v @$1.18 for 8,474 shares.

Chart for Osprey Energy Limited(OEL-v):

stockcharts.com[l,a]decanimy[pb50!c20!b100!b200][vc60][iLa12,26,9!Ll14!Lh14,3!Lf]

Looking at the chart for we can see OEL is currently trading over all it's major MA's and should have good support at it's 200MA @$1.03. After a good run two weeks ago this stock retraced some of it's gains last week and the MACD and Stochastics appear to have leveled out. The ADX is still positive and the volume is still very good. All in all a neutral sort of chart that looks like the stock needs more good news to continue it's upward momentum.

Good luck with this pick Osprey,
Al
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