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: Don Pueblo who wrote (5250)	12/2/2001 10:35:04 AM
From: Al Collard	Read Replies (1) of 11802

Hi TLC, Your in with RXD-t @$.95 for 10,526 shares. Chart for Rex Diamond Mining Corporation: 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 RXD we can see the stock is currently testing the support of it's 20EMA on below average volume. The chart indicators are mixed with a bearish bias. If the stock can hold support we should see a re-test of the resistance of it's 100MA @$1.25, but a failure of the support and it could be looking at new lows. Not one of my favourite chart patterns, but as we all know these puppy stocks move on news and this stock hasn't had any in two months so it is due. Good luck with this pick, Al

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