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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: KC Jones who wrote (1132)3/17/2001 10:12:56 AM
From: Al Collard  Respond to of 11802
 
Hi KC,

Your in with ENI-t @$.59 for 16,949 shares.

Chart for Energy North Inc.(ENI-t):

stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

This stock is trading above all it's MA's and appears to have support at the 50MA. Caution flags would be the bearish engulfing candle formed from yesterday's action, the overbought condition on the Slow Stochastics and the downward sloping MACD. If I owned this stock I would put a stop-loss in slightly below the 50MA at around $.52 The failure to take-out new highs this week would have me very cautious with this pick.

Good luck with your pick this coming week,
Al