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

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To: Gofer who wrote (2982)6/3/2001 8:20:24 PM
From: Al Collard   of 11802
 
Hi Gofer,

Your in with OSI-t @$.56 for 17,857 shares.

Chart for Offshore Systems International Limited(OSI-t):

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

Looking at the chart for OSI we can see this low volume trader is trading above all it's major MA's and appears to have good support @$.52 it's 20EMA. The crossover of the +DI atop the -DI on the ADX is a bullish signal although the trend is still weak. The Stochastics and MACD are both neutral showing no clear trends. The one thing of some concern for this stock is the low volume of late, it obviously needs some news to keep the current uptrend intact.

Good luck with this pick,
Al
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