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: dsit who wrote (11585)	3/2/2003 8:30:37 PM
From: Al Collard	of 11802

Hi dsit, Your in with SNG-t @$ 1.54 for 6,493 shares. Chart for Canadian Superior Energy Inc: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G From the chart of SNG we can see the 20EMA crossed under the 50MA last week on above average volume. The last two candlesticks formed a Harami Pattern. This is a neutral pattern which shows that the selling pressure may be diminishing. However, a confirmation, in the form of a gap up or strong close following this pattern is needed, for it to be considered bullish. If I owned the stock I would sell it and buy it back when the 20EMA crosses back atop the 50MA. (Sell) Good luck with this pick, Al

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