Canadian-under $3.00 Stock-Picking Challenge Message Board

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

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To: Eva who wrote (2014)	4/22/2001 1:34:27 PM
From: Al Collard	of 11802

Hi Eva, Your in with BAY-t @$1.48 for 6,756 shares. Chart for Corner Bay Minerals, Inc.(BAY-t): stockcharts.com[l,a]decanimy[pb50!c20!b100!b200][vc60][iLa12,26,9!Ll14!Lh14,3!Lf] Looking at the chart for BAY we can see the doji candle formed from Friday's trading, this type of candle usually signifies a turning point and is a reversal candle. Of added importance is the 100MA @$1.50 which is the next resistance point this stock must overcome to have further upside. The stock has bumped into this resistance three times in the last while and has been turned down ever time. By looking at the indicators I would suspect that the stock will break through this important MA on it's next try because the MACD, ADX and Stochastics are all pointing to a move to the upside for this stock. Good luck with this pick Eva, Al

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