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

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To: Elizabeth Andrews who wrote (11326)2/9/2003 8:36:20 AM
From: Al Collard  Read Replies (1) of 11802
 
Hi Liz,

Your in with RDU-v @$ 1.05 for 9,523 shares.

Chart for Radius Explorations Ltd:

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

From the chart of RDU we can see the stock has support @$ .98 it's 20EMA. The Long-Legged Doji candlestick from Friday indicates volatility and the current trend may be about to stall. Since the current trend is sideways this is clearly a period of indecision. The stock looks like a buy to me because it is near support, but a tight mental stop just under the 20EMA would be prudent. (Buy)

Good luck with this pick,
Al
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