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

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To: Ceedee who wrote (4322)10/20/2001 8:28:07 AM
From: Al Collard   of 11802
 
Hi Ceedee,

Your in with MTI.b-t @$1.94 for 5,154 shares.

Chart for Microcell Telecommunications, Inc:

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

Looking at the chart we can see this stock is currently trading under all it's major MA's after suffering through a downtrend the last 3 months. After putting in an apparent bottom 2 weeks ago the stock spent last week basing and broke to the upside with good volume on Friday. The crossover on the MACD is bullish as is the turn up on the Stochastic's from oversold territory. This stock has a long way to go before running into the resistance of it's 20EMA @$2.53.

Good luck with this pick,
Al
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