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

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To: SAM-DAN who wrote (2403)5/7/2001 3:37:36 AM
From: Al Collard   of 11802
 
Hi SAM-DAN,

Your in with SCV-v @$.94 for 10,638 shares.

Chart for Soveriegn Chief Ventures Limited(SCV-v):

stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9]

Looking at the chart for SCV we can see the stock is trading well under all it's major MA's and spent all last week basing after it's latest downtrend. The Stochastics shows the stock is in oversold territory and appears to have turned up. The MACD is crossing over and is turning up. These may be early indicators but they appear to have a bullish bias and the stock should bounce up from here. JMHO

Good luck with this pick,
Al
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