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

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To: Ceedee who wrote (9592)9/29/2002 8:06:42 AM
From: Al Collard   of 11802
 
Hi Ceedee,

Your in with WTC-t @$ 2.94 for 3,401 shares.

Chart for Western Copper Holdings Ltd:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of WTC we can see the stock broke down under it's major MA's last week and now has resistance @$ 3.12 it's 20EMA. The chart indicators are bearish but the stock does appear to be oversold, suggesting a bounce up to at least test resistance is probable.

Good luck with this pick,
Al
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