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


To: ralfph who wrote (2716)5/21/2001 6:46:37 AM
From: Al Collard  Respond to of 11802
 
Hi ralfph,

Your in with ELD -t @$.60 for 16,666 shares.

Chart for Eldorado Gold Corp.(ELD-t):

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

Looking at the chart for ELD we can see that after bottoming out in April this stock has been on a tear the last two weeks and has smashed through resistance and is now sitting atop all it's major MA's. The stock should now have support @$.49 it's 200MA. The ADX is showing a strong uptrend is in place as well as the MACD. The Stochastics is nearing overbought territory so we may see a testing of the 200MA near term. All in all a very bullish looking chart.

Good luck with this pick,
Al