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

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To: Al Collard who wrote (11192)1/31/2003 8:45:54 PM
From: Al Collard   of 11802
 
This week I will go with CQR-v @$ .34 for 29,411 shares.

Chart for Conquest Resources Ltd:

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

From the chart of CQR we can see the stock has been in an uptrend since mid Dec. and has support @$ .30 it's 20EMA. Last week the stock was consolidating in a tight range and on Friday the stock closed at the high of the day with a higher high and an unchanged low. It appears the consolidation phase is over and the stock is ready to resume it's uptrend. (Buy)

Regards,
Al
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