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: vds4 who wrote (10957)	1/17/2003 11:10:21 PM
From: Al Collard	Read Replies (1) of 11802

Hi Martin, Your in with VCA-t @$ 1.85 for 5,405 shares. Chart for Viracocha Energy Inc: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G From the chart of VCA we can see the stock has been in an uptrend for the last three months with support @$ 1.81 it's 20EMA. The Dragon-Fly Doji candlestick from Friday's trading shows the bears were in control until the end when the bulls regained control and closed the stock at it's high for the day. If I was long I would hold with a tight stop just under the 20EMA and keep raising the stop if the stock trends higher. (Hold) Good luck with this pick, Al

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