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: geoffb_si who wrote (5042)	11/24/2001 10:01:59 AM
From: Al Collard	Read Replies (1) of 11802

Geoff, Your in with PXV-t @$.15 for 66,666 shares. Chart for Petrolex Energy Corp: stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20] From the chart of PXV we can see this stock has broken down the last two weeks and on Friday tested the support of it's 50MA. The chart indicators are all bearish but the dogi candle formed from Friday's trading usually indicates a reversal. With news expected on the 30th this stock will probably drift in it's current range until the news gives it some direction. If the news is good this stock will win this weeks challenge hands down, if not lookout below. Good luck with this pick, Al

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