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

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To: teevee who wrote (10980)1/18/2003 12:44:33 PM
From: Al Collard   of 11802
 
Hi teevee,

Your in with SWV-v @$ .34 for 29,411 shares.

Chart for Stornoway Ventures Ltd:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of SWV we can see the short white candlestick from Friday's trading, showing the stock to have closed at the high of the day with a higher high and a higher low. With support @$ .29 it's 20EMA and a chart showing the stock to have just finished a consolidation phase in an uptrend, I would buy the stock at this point for further gains on any evidence of a volume uptick. (Buy)

Good luck with this pick,
Al
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