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

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To: Jimsy who wrote (1130)3/17/2001 9:47:14 AM
From: Al Collard  Read Replies (2) of 11802
 
Hi Jimsy,

Your in with BAN-t @$.60 for 16,666 shares.

Chart for Band-Ore Resources Limited(BAN-t):

stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

Very interesting chart on this pick. Of note is the long-legged dogi candle which formed from yesterday's action. This pattern usually signifies a turning point especially after a period of consolidation like this stock has just went through. The ADX has crossed over to the positive and the MACD is just crossing over the .00 line to the positive side. This stock is trading almost double it's average volume and is above all the resistance points of it's MA's. There looks to be blue sky above and I for one wouldn't be surprised to see a break-out to the upside on this pick.

Good luck with your pick Jimsy and thanks for bringing this stock to our attention. Please do give us a follow-up on this pick and your take on the chart as well.

TIA
regards,
Al
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