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

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To: dsit who wrote (10897)1/11/2003 4:09:05 PM
From: Al Collard   of 11802
 
Hi dsit,

Your in with MPH-t @$ .60 for 16,666 shares.

Chart for Medicure Inc:

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

From the chart of MPH we can see the long white candlestick from Friday's trading showing the bulls were in control with strong volume, on a reaction from a NR. The buying looks excessive as evidenced by the spike on the white candle indicating it may have been a blow off rally. If I wasn't already in I would wait for a test of support before jumping in. If I was already in I would sell and hope to buy back at lower prices. (Wait)

Good luck with this pick,
Al
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