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

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To: Ellie who wrote (2231)4/30/2001 3:00:43 AM
From: Al Collard   of 11802
 
Hi Ellie,

Your in with MYT-t @$2.84 for 3,521 shares.

Chart for Mytec Technologies, Inc.(MYT-t):

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

Looking at the chart for MYT we can see the stock broke out to the upside on Thursday and Friday and is now trading over it's 50MA @$2.38 which should now act as support. The next resistance level is it's 100MA @$2.90 and the stock will probably need real good volume to break this point. The Stochastics is nearing the overbought zone but the ADX and MACD are both trending up. All in all a very bullish looking chart.

Good luck with this pick Ellie,
Al
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