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

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To: dsit who wrote (2506)5/13/2001 4:30:34 PM
From: Al Collard  Read Replies (1) of 11802
 
Hi dsit,

Your in with BTU-v @$.18 for 76,923 shares.

Chart for Black Tusk Energy, Inc.(BTU-v):

stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9]

Looking at the chart for BTU we can see the stock has been in a downtrend as of late and is currently trading under all it's major MA's. The first level of resistance will be @$.22 it's 100MA. The ADX and MACD are both showing downtrends but the Stochastics is showing the stock to be in oversold territory. With the diminishing volume late last week it appears the stock is suffering through a lack of news. Any news expected?

Good luck with this pick,
Al
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