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: 1st.mate who wrote (3101)	6/10/2001 4:22:49 PM
From: Al Collard	Read Replies (1) of 11802

Hi Matey, Your in with PXM-v @$.70 for 14,285 shares. Chart for Paramax Resources Limited(PXM-v): stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for this low volume trader we can see the stock is currently trading above all it's major MA's and should have support @$.55 it's 20EMA. The ADX and MACD are both showing strong uptrends in place but the Stochastics is in overbought territory suggesting a retrace down to the 20EMA is a near term possibility. For a stock with no news for over a month the share price has done remarkably well. Any news expected? Good luck with this pick, Al

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