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


To: vds4 who wrote (2139)4/28/2001 8:48:53 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi Martin,

Your in with BKR-v @$.10 for 100,000 shares.

Chart for Berkshire International Mining Limited(BKR-v):

stockcharts.com[h,a]djclnimy[pc20!b50!b100!b200!b10][vc60][iLh14,3!Ll14!La12,26,9]

Looking at the chart for BKR we can see the unusual volume on the stock starting last week, volume usually precedes price movement. The -DI is crossing over the +DI on the ADX and the MACD is pointing down, two bearish signs. The stock does appear to be oversold and ready to head back up from the Stochastics though. This stock will be interesting to watch next week just to see if that heavy volume will be followed with a story. My best guess is that news will be coming out on this stock shortly, just not sure if it's good or bad.

Good luck with this pick Martin,
Al