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

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To: marcos who wrote (1950)4/20/2001 9:34:06 PM
From: Al Collard  Read Replies (1) of 11802
 
Hi marcos,

Your in with IDO-v @$1.20 for 8,333 shares.

Chart for Idaho Consolidated Metals Corp.(IDO-v):

stockcharts.com[l,a]decanimy[pb50!c20!b100!b200][vc60][iLa12,26,9!Ll14!Lh14,3!Lf]

Looking at the chart for IDO we see the stock is trading under it's 20EMA and 50MA which should be points of resistance against any upside move. There appears to be support at $1.12 the 100MA. Stochastics and MACD are both pointing to more downside and the -DI just crossed atop the +DI on the ADX a very bearish signal. What this stock needs is some good news and fast.

Good luck with this pick marcos,
Al
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