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

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To: dsit who wrote (10756)1/4/2003 8:26:06 AM
From: Al Collard   of 11802
 
Hi dsit,

Your in with TIW-t @$ .57 for 17,543 shares.

Chart for Telesystem International Wireless, Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of TIW we can see the stock broke atop it's 20EMA on Friday and formed a spinning top candle. This candle indicates a potential change in the current downtrend as the bears appear to have run out of steam. The MACD is getting close to a crossover and I would wait for confirmation from this indicator before buying in. (Wait)

Good luck with this pick,
Al
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