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: pull_da_trigger who wrote (2203)	4/28/2001 9:20:38 PM
From: Al Collard	of 11802

Hi P.D.T., Your in with SYB @$1.52 for 6,578 shares. Chart for Synsorb Biotech, Inc.(SYB-t): stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3] Looking at the chart for SYB we can see the stock has been in a basing pattern for the last month after a downtrend and is now seemingly headed back up. The stock should have some resistance at it's 50MA @$1.57 and support at the 20EMA @$1.39 The MACD is trending up but the Stochastics is nearing over-bought territory. A real bullish sign is the crossing of the +DI atop the -DI on the ADX. All in all a fairly bullish chart but the stock will need better volume to get through some of the overhead resistance. Good luck with this pick, Al

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