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

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To: Ichy Smith who wrote (2841)5/27/2001 3:02:45 PM
From: Al Collard   of 11802
 
Hi Peter,

Your in with FCT-v @$2.14 for 4,672 shares.

Chart for Fuel Cell Technologies Corp.(FCT-v):

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

Looking at the chart for FCT we can see the tremendous breakout the stock has been on the last two weeks. The stock broke through all the MA's until it got to it's 200MA @$2.38 and was beaten back down from this lofty level, probably by profit takers. All the chart indicators show strong uptrends in place although the Stochastics is in overbought territory. The volume has been well above normal during this breakout and it will be interesting to see if the stock can break and hold it's 200MA this coming week. If it does there is blue sky above for this stock.

Good luck with this pick,
Al
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