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


To: Condor who wrote (1961)4/21/2001 8:57:57 AM
From: Al Collard  Respond to of 11802
 
Hi Condor,

Your in with SLM-v @$.21 for 47,619 shares.

Chart for Santa Catalina Mining Corp.(SLM-v):

stockcharts.com[l,a]decanimy[pb50!c20!b100!b200][vc60][iLa12,26,9!Ll14!Lh14,3!Lf]

Looking at the chart for SLM we can see that after having a breakout day on Tuesday last week it finished the week off in a consolidation mode right at the high end of the trading range. This stock should now have support at it's 50MA @$.18 and has no overhead resistance until it's 100MA @$.37 The Stochastics appears to be at the overbought level and the MACD and ADX, although still positive, appear to be turning down a little, but this is to be expected in a consolidation phase. With expected news out early next week this stock could have further upside and just may breakout of its flag on a whiff of good news.

Love your take on the stock Condor!!!<ggg>

Good luck with this pick,
Al