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

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To: ralfph who wrote (3087)6/10/2001 9:23:16 AM
From: Al Collard   of 11802
 
Hi ralfph,

Your in with BSW-t @$.33 for 30,303 shares.

Chart for Black Swan Resources Limited(BSW-t):

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

Looking at the chart for BSW we can see the breakout the stock had last week on well above average volume. Trading above all it's major MA's the stock should have good support now @$.26 it's 20EMA and no real resistance above. All the chart indicators are bullish with the stock nearing a new 52 week high. With the Stochastics approaching overbought territory a retrace to the 20EMA could be a good buying opportunity.

Latest NR from BSW-t:

newswire.ca

Good luck with this pick,
Al
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