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

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To: Rise who wrote (3224)6/16/2001 2:46:35 PM
From: Al Collard   of 11802
 
Hi Rise,

Your in with GGL-v @$.20 for 50,000 shares.

Chart for GGL Diamond Corp.(GGL-v):

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

Looking at the chart for GGL we can see the stock is trading under all it's major MA's and now has resistance @$.19 it's 50MA. A break of the 50MA and the stock will again run into resistance @$.23 it's 100MA. The Stochastics is trending up and the +DI crossover of the -DI on the ADX is positive although it is still showing the trend to be weak. The MACD is also turning up and a crossover here would be extremely bullish and should be the sign a new uptrend is about to emerge if it happens. The good volume of late is also encouraging.

Latest NR from GGL-v:

fin-info.com

GGL-v website:http://www.ggldiamond.com/s/Home.asp

Good luck with this pick Rise,
Al
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