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

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To: Le profiteur who wrote (2217)4/29/2001 4:12:49 PM
From: Al Collard  Read Replies (1) of 11802
 
Hi Le profiteur,

Your in with GTT-v @$.11 for 90,909 shares.

Chart for Global Tree Technologies Inc.(GTT-v):

stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

Looking at the chart for GTT we can see it has been in a basing pattern since the middle of March with an uptick in volume the last two weeks. The MACD and Stochastics are both in downtrends but it wouldn't take much for the ADX to go positive and start and uptrend at this point. A buying point would be if and when the +DI crosses over atop the -DI on the ADX. JMHO
It will take some good volume to get over the resistance points of the 50 and 100MA's though.

Good luck with this pick,
Al
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