Canadian-under $3.00 Stock-Picking Challenge Message Board

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

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To: Ceedee who wrote (10915)	1/12/2003 6:22:29 PM
From: Al Collard	of 11802

Hi Ceedee, Your in with AVR-v @$ .46 for 21,739 shares. Chart for Aventura Energy, Inc: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G From the chart of AVR we can see the stock has been in an uptrend for the last month and now has support @$ .41 it's 20EMA. On Friday a long white candlestick formed on the chart with a higher high, an unchanged low, and a close near the high of the day. The chart indicators are bullish but I would be worried if I owned energy stocks that the weekend deal with OPEC to increase production will send these stocks into a downtrend, as most are near their 52 week highs. If I owned this stock I would hold with a stop loss @$ .38 just under the 50MA in case energy stocks do start trending down. (Hold) Good luck with this pick, Al

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