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: The Osprey who wrote (11113)	1/25/2003 1:21:27 PM
From: Al Collard	Read Replies (1) of 11802

Hi Osprey, Your in with RAL-v @$ 1.10 for 9,090 shares. Chart for Rally Energy Corp: bigcharts.marketwatch.com From the chart of RAL we can see the short white candlestick from Friday showing the stock was in a consolidating phase after the big share price run-up earlier in the month. The stock should have good support around the $1.00 level. I would wait before going long for the consolidation phase to end with a buy stop around the $1.20 level which would be a new 52 week high. If I owned it previously I would hold. (Hold) Good luck with this pick, Al

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