Canadian-under $3.00 Stock-Picking Challenge Message Board

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

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To: KC Jones who wrote (5037)	11/24/2001 9:14:29 AM
From: Al Collard	of 11802

KC, Your in with MBI-t @$1.91 for 5,235 shares. Chart for Micrologix Biotech, Inc: 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 MBI we can see that after basing right around it's 20EMA for the past month, the stock broke out on Thursday and Friday on above average volume. The chart indicators are all bullish and the break through the resistance of it's 100MA on Friday should bode well for next week. If this stock can form a base at current share price levels around the 100MA it could be setting up for a big run to test the 200MA. JMO Good luck with this pick, Al

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