Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jimsy who wrote (2204)	4/28/2001 9:34:16 PM
From: Al Collard	Respond to of 11802

Hi Jimsy, Your in with CVL-v @$.14 for 71,428 shares. Chart for CVL Resources Limited(CVL-v): stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3] Looking at the chart for CVL we can see the inverse head and shoulders pattern forming on the chart and the increase in volume as of late. The stock should have good support at it's 50MA @$.11 and it's next real resistance should be at it's 100MA @$.18 and after that it would be clear sailing up to it's 200MA. The MACD and ADX are both positive but the Stochastics does appear to be nearing over bought territory. All in all a fairly bullish chart and the penny oil and gas players may want to take a position here on the basis of the inverse head and shoulders pattern. Good luck with this pick Jimsy, Al