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

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To: Nick Morvay who wrote (2059)4/23/2001 6:16:08 AM
From: Al Collard  Read Replies (1) of 11802
 
Hi Nick,

Your in with AXO-t @$2.30 for 4,347 shares.

Chart for AltaRex Corp.(AXO-t):

stockcharts.com[h,a]djclnimy[pc20!b50!b100!b200!b10][vc60][iLh14,3!Ll14!La12,26,9]

Looking at the chart for AXO we can see the stock has a bullish candle from Friday's trading on above average volume. There should be good support at the 100MA @$1.95 and the only real resistance left above is the 200MA @2.52 The ADX, MACD and Stochastics are all pointing to further upside in the near term. All in all a real bullish looking chart.

Good luck with this pick Nick,
Al
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