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

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To: KC Jones who wrote (11452)2/22/2003 9:40:47 AM
From: Al Collard   of 11802
 
Hi KC,

Your in with MOA-v @$ .78 for 12,820 shares.

Chart for Mountain Lake Resources, Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of MOA we can see the stock is currently trading under it's 20EMA with resistance @$ .88. The close at the low of the day on Friday is bearish but the higher high and lower low shows an increase in volatility. I would wait before going long for the stock to break back atop it's 20EMA. (Wait)

Good luck with this pick,
Al
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