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

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To: D.R.A. who wrote (2228)4/30/2001 2:46:48 AM
From: Al Collard   of 11802
 
Hi D.R.A.,

Your in with PMC-v @$.19 for 52,631 shares.

Chart for Payment Services Int(PMC-v):

stockcharts.com[l,a]djclnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

Looking at the chart for PMC we can see the stock has been in a long downtrend and is currently trading under all it's major MA's. The first line of resistance is it's 20EMA @$.20 and it needs to clear this hurdle to right itself. The ADX is negative but the MACD appears to be crossing over to the upside. The Stochastics does appear to be a tad on the oversold level. All in all a fairly neutral chart.

Good luck with this pick,
Al
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