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: Jimsy who wrote (2380)	5/6/2001 11:21:18 AM
From: Al Collard	Read Replies (1) of 11802

Hi Jimsy, Your in with CVL-v @$.12 for 83,333 shares. Chart for CVL Resources Limited(CVL-v): stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for CVL we can see the stock has been consolidating for the past couple of weeks with good support @$.11 it's 50MA. The Stochastics has turned down from overbought levels but of note is the inverse head and shoulder pattern evident on the chart. As of late the volume has been diminishing and the indicators have gone flat with a bearish hint. Of course as with most puppy stock charts this is nothing a little news wouldn't cure. Good luck with this pick Jimsy, Al

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