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


To: Gofer who wrote (2335)5/5/2001 11:10:55 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi Gofer,

Your in with IVO-t @$.58 for 17,241 shares.

Chart for Innova LifeSciences Corp.(IVO-t):

stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9]

Looking at the chart for IVO we can see that the stock has been trading above average volume for the last week and from this mini uptrend it has been in should now have support at it's 100MA @$.49, with the next resistance level @$.59 it's 200MA. The ADX and MACD are both in uptrends but the Stochastics is showing signs of tiring from overbought territory and appears ready to turn down. All in all a fairly neutral chart with a bullish bias.

Good luck with this pick,
Al