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

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To: Alex who wrote (2824)5/26/2001 6:05:13 PM
From: Al Collard   of 11802
 
Hi Alex,

Your in with WT-t @$.79 for 12,658 shares.

Chart for Westfort Energy Limited(WT-t):

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

Looking at the chart for WT we can see the stock tested it's support last week @$.75 it's 50MA. The Stohastics is in overbought territory and the ADX has turned to a bearish bias with the -DI crossing over the +DI. It appears this stock needs some drilling news to get it up over it's resistance @$.82 it's 100MA before any serious uptrend can begin.

Good luck with this pick,
Al
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