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: geoffb_si who wrote (11016)	1/20/2003 3:56:53 AM
From: Al Collard	of 11802

Hi Geoff, Your in with OEL-v @$ .23 for 43,478 shares. Chart for Osprey Energy Ltd: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G From the chart of OEL we can see the stock broke atop it's 20EMA last week and is currently testing the resistance of it's 50MA. The bullish gap from Friday may be an upward break out. I would hold to see if the stock can break through the resistance of the 50MA. It may need to consolidate for awhile as the Stochastics is showing the stock to be nearing overbought territory. (Hold) Good luck with this pick, Al

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