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


To: Jimsy who wrote (2646)5/19/2001 8:35:33 AM
From: Al Collard  Respond to of 11802
 
Hi Jimsy,

Your in with CVL-v @$.11 for 90,909 shares.

Chart for CVL Resources Limited(CVL-v):

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

Looking at the chart for CVL we can see the below average volume the stock has been trading lately. The stock is trading just above it's 50MA @$.10 which has been acting as support, the next resistance is @$.16 it's 100MA. The ADX and MACD show weak trends but the Stochastics does appear to be turning up from oversold territory. This stock desperately needs some news to get back on track.

Good luck with this pick,
Al