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


To: tyc:> who wrote (3896)9/28/2001 5:05:54 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi tyke,

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

Chart for Wheaton River Minerals Limited:

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

From the chart we can see the stock made a valiant effort to climb over it's 20EMA and 200MA, only to be knocked back under these important averages by end of the day selling. The crossover on the MACD is bullish, the Slow Stoch's appears to be headed up after being in oversold territory, (bullish) and the +DI is poised to cross over the -DI on the ADX. All 3 of these important indicators are saying further upside is likely and I would expect another test of the 200MA shortly. Of course this stock is directly affected by the POG, so that factor definitely will come into play.

Good luck with this pick tyke,
Al