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

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To: vds4 who wrote (4516)10/28/2001 5:00:59 PM
From: Al Collard  Read Replies (1) of 11802
 
Hi Martin,

Your in with AC-t @$2.95 for 3,389 shares.

Chart for Air Canada:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20]

Looking at the chart for AC we can see that after a big share price run-up the stock came back down to retest the support of it's 20EMA which it has held so far. If the 20EMA can hold next week one would expect the stock to take a run at it's 50MA at some point after basing atop it's 20EMA. JMO

Congratulations on your 1st place finish last week Martin!!!

Good luck with this pick,
Al
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