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


To: marcos who wrote (3034)6/9/2001 7:54:42 AM
From: Al Collard  Respond to of 11802
 
Hi marcos,

Your in with IDO-v @$1.30 for 7,692 shares.

Chart for Idaho Consolidated Metals Corp.(IDO-v):

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

Looking at the chart for IDO we can see the stock fell through the previous major support of it's 100MA on Friday on a little less than average volume. This stocks next support is @$1.06 it's 200MA which it may test shortly if it doesn't bust back through it's 100MA early next week. The crossover of the -DI atop the +DI on the ADX is bearish as is the strong downtrend on the MACD. The one saving grace on the chart is the Stochastics does appear to be in oversold territory. All in all a pretty bearish looking chart that could be just a shakeout before the next bull run in this stock. Time will tell.

Latest NR from IDO-v:

fin-info.com

Good luck with this pick,
Al