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


To: tyc:> who wrote (2392)5/6/2001 4:42:52 PM
From: Al Collard  Respond to of 11802
 
Repeat post

Some stocks showing 1/2 decent charts that no one has taken in the contest as of yet. These may be worth watching next week for possible short term trading:

YGT-v :http://stockcharts.com/def/servlet/SC.web?c=Ygt.V,uu[l,a]djc...

YIB-v:http://stockcharts.com/def/servlet/SC.web?c=Yib.V,uu[l,a]djc...

SMM-t:http://stockcharts.com/def/servlet/SC.web?c=smm.to,uu[l,a]dj...

AVM-v:http://stockcharts.com/def/servlet/SC.web?c=AVM.V,uu[l,a]djc...

regards,
Al



To: tyc:> who wrote (2392)5/6/2001 4:55:50 PM
From: Al Collard  Respond to of 11802
 
Hi tyke,

Your in with IMN-t @$2.60 for 3,846 shares.

Chart for Inmet Mining Corp.(IMN-t):

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

Looking at the chart for IMN we can see the stock has been in an uptrend since the 1st of April and is now trading well above all it's major MA's and should have support at it's 20EMA. The Stochastics is bouncing around in overbought territory but in a strong uptrend a stock can stay overbought for long periods of time. The ADX and MACD are both showing strong uptrends. A bullish looking chart with the only real concern being the stock closed at the low of the day on Friday which could be indicating a bout of profit taking before the stock can move higher.

Good luck with this pick tyke,
Al