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: 1st.mate who wrote (1528)	4/1/2001 10:41:01 AM
From: Al Collard	Read Replies (1) of 11802

Hi Matey, Your in with KOB-t @$1.23 for 8,130 shares. Chart for Kookaburra Resources Limited(KOB-t): stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3] Looking at the chart for KOB we can see it has just come off a severe correction in share price and is currently basing around it's 200MA @$1.20 level. The -DI is turning down and the +DI is turning up, when the +DI goes on top it would be a buy signal IMHO. The MACD has turned up and the stock does look to be recovering from oversold levels. Any reason for the sell-off Matey? Good luck with this pick, Al

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