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

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To: Rocket Red who wrote (10311)11/29/2002 7:55:00 PM
From: Al Collard   of 11802
 
Hi Red,

Your in with CNG-t @$ .43 for 23,255 shares.

Chart for Concert Industries Ltd:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of CNG we can see the stock has resistance @$ .62 it's 20EMA. The stock has been in a downtrend for the last six months with the chart indicators being bearish showing no signs of turning up, yet. The volume seems to have picked up last week so maybe a bounce from oversold territory is in the cards for next week.

Good luck with this pick,
Al
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