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

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To: hx4 who wrote (5043)11/24/2001 6:48:15 AM
From: Al Collard   of 11802
 
Harry,

Your in with CNB-v @$.25 for 40,000 shares.

Chart for Canabrava Diamond Corp:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20]

From the chart of CNB we can see the stock is trading above all it's major MA's with support @$.21 it's 20EMA. The chart indicators are mixed with the crossover on the ADX giving a bullish buy signal, but the MACD and Slow Stoch's giving weak sell signals. This stock must dramatically improve it's volume if it wants to break out to new levels. JMO

Good luck with this pick,
Al
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