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

To: kirby49 who wrote (2668)	5/19/2001 12:24:12 PM
From: Al Collard	Respond to of 11802

Hi Bob, Your in with MNP-v @$.12 for 83,333 shares. Chart for Madison Enterprises Corp.(MNP-v): stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for MNP we can see the stock has been in a downtrend since the end of March on above average volume. The stock is trading under all it's major MA's and has big resistance @$.14 it's 50MA. The ADX is showing weakness but the Stochastics appears headed up from oversold territory. The crossover on the MACD may be the early indicator pointing to a rebound for this stock. All in all a fairly neutral chart. Congrat's on your 5th place finish last week with a 23.5% gain. Good luck with this pick, Al