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

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To: Nick Morvay who wrote (1146)3/17/2001 2:14:13 PM
From: Al Collard  Read Replies (1) of 11802
 
Hi Nick,

Your in with APK-v @$.35 for 28,571 shares.

Chart for Altek Power Corp.(APK-v):

bigcharts.com

Looking at this chart one sees the long-legged doji candle that formed on Wed. this candle often signifies a turning point and turn it did, right back up to the $.35 level. One point of note is the failure of the stock price to crack the $.35 level 3 times last week. With a rising Slow Stochastic from previous oversold conditions I would expect this stock to move upwards only if it can take out the $.35 level with force.

Good luck with this pick next week,
Al
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