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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 (2586)5/18/2001 4:05:59 PM
From: Al Collard  Read Replies (4) | Respond to of 11802
 
Martin, the rules are the 1st to pick a stock gets it.

regards,
Al



To: vds4 who wrote (2586)5/18/2001 7:20:58 PM
From: Al Collard  Respond to of 11802
 
Hi Martin,

Your in with BKR-v @$.09 for 111,111 shares.

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

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

Looking at the chart for BKR we can see that for the 1st time in two months the stock finished under it's 50MA and it's next line of support is @$.07 it's 100MA. The -DI crossed over the +DI on the ADX, bearish. The MACD and Stochastics are both pointing down. All in all a fairly bearish chart but the low volume of late could be the culprit here. Looks like this stock needs some positive news and fast.

Good luck with this pick,
Al