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

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To: mark calgary who wrote (10716)12/30/2002 3:21:41 AM
From: Al Collard   of 11802
 
Hi Mark,

Your in with TTC-v @$ 1.80 for 5,555 shares.

Chart for Tathacus Resources Ltd:

bigcharts.marketwatch.com

From the chart of TTC we can see how the stock is grinding down into a wedge since resuming trading in early December. It's hard to say which way the stock is going to break but it should be a violent move when it does. My best guess would be to the upside as it does appear to be oversold. The spinning top candle from Friday's trading session does show the bears are weakening, suggesting a change of trend is imminent. (Hold) ...to see which way it breaks.

Good luck with this pick,
Al
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