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

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To: J.E.Currie who wrote (4644)11/4/2001 8:16:27 AM
From: Al Collard   of 11802
 
Hi J.E.,

Your in with GCU-v @$1.47 for 6,802 shares.

Chart for Gold Canyon Resources, Inc:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lh14,3!Lc20]

From the chart of GCU we can see the stock is struggling to stay atop it's 20EMA and the resistance of it's 50MA. The chart indicators are neutral, in weak trends, with a bullish bias. The stock needs one good up day for the MACD to crossover which would be very bullish. It seems the indicators are all primed to take off to the upside but need that one good push with additional volume.

Good luck with this pick,
Al
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