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


To: SAM-DAN who wrote (2913)6/2/2001 8:13:29 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi SAM-DAN,

Your in with FRL-v @$.40 for 25,000 shares.

Chart for Firelight Corp.(FRL-v):

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

Looking at the chart for FRL we can see the stock is currently trading atop it's 20EMA @$.35 which should now act as support. The next resistance should be @$.42 it's 100MA and a push through this level with force and it would be blue sky above. The ADX is showing a weak trend in place, the MACD is showing an uptrend and the Stochastics is showing the stock is in overbought territory. All in all a fairly mixed chart with no real clear signals.

Congrat's on your 3rd place finish last week.

Good luck with this pick,
Al