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: whisky who wrote (3219)	6/16/2001 1:10:49 PM
From: Al Collard	Read Replies (1) of 11802

Hi whisky, Your in with CNB-v @$.24 for 41,666 shares. Chart for Canabrava Diamond Corp.(CNB-v): stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for CNB we can see the stock has been in a downtrend for the last 4 months, trading under it's 20EMA. The stock now has resistance @$.25 the 20EMA which it has failed to break through on numerous occasions. The ADX and Stochastics are showing strong downtrends but if the MACD is an early indicator there may be a rebound as it appears to have turned around and is heading up. Fairly mixed signals on the chart but the increasing volume of late may be a good sign. Latest NR on CNB-v: newswire.ca CNB-v website:http://www.canabrava.ca/ Good luck with this pick whisky, Al

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