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Strategies & Market Trends : Alamos Gold

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To: MrsNose who wrote (647)12/2/2001 12:10:18 PM
From: Al Collard  Read Replies (1) of 4470
 
Hi Margie,

Your in with NCA/un-t @$3.10 for 6,451 shares.

Chart for NCE Energy Trust:

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 NCA we can see the stock has been basing just under the resistance of it's 50MA on below average volume. On Friday the stock took a stab at breaking through it's resistance only to be beaten back at the close. The ADX appears poised to crossover which would be a good bullish signal, if it happens, and the Stoch's has turned up. Interesting chart Margie and my bet would be the stock breaks through resistance next week.

Good luck with this pick,
Al
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