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

To: tasman99 who wrote (2401)	5/7/2001 4:06:19 AM
From: Al Collard	Read Replies (2) \| Respond to of 11802

Almost chose LKC...any rumours/news...vol up lately...any thoughts AL? Tasman, I have been watching LKC's movement lately and it appears it is just bouncing back from extreme oversold territory. Haven't heard any rumours. stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart we can see the stock should have good support @$.36 it's 50MA and the next real resistance should be @$.50 it's 100MA. The Stochastics has rebounded from oversold territory and is now in an uptrend. The MACD is in the process of turning up and has just crossed over, bullish sign. The ADX is showing some uptrend strength. The increase in volume on this latest uptrend is very bullish and if you look closely you can visualize an inverse head and shoulder pattern on the chart. All in all the chart indicators are bullish so there must be some good news in the pipeline. You in tasman? regards, Al