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 (11348)	2/9/2003 4:54:41 PM
From: Al Collard	of 11802

Hi Osprey, Your in with OEL-v @$ .29 for 34,482 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 has support @$ .24 it's 20EMA. The stock has been in a confirmed uptrend since late Jan. when the 20EMA crossed atop the 50MA. The lower high and lower low from Friday, on below average volume shows the stock is getting less volatile and may be putting in a base before continuing it's uptrend. The stock looks like a buy just atop it's 20EMA with a tight mental stop just below it. (Buy) Good luck with this pick, Al

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