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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: SAM-DAN who wrote (224)10/27/2001 12:58:40 PM
From: Al Collard  Respond to of 4470
 
Hi SAM-DAN,

Your in with BAS-t @$3.65 for 5,479 shares.

Chart for Basis100, Inc:

stockcharts.com[l,a]dj...

Looking at the chart for BAS we can see that after a month and a half of being in an uptrend the stock broke down last week and bounced off of the support of it's 50MA. The chart indicators are all turning negative as expected from the breakdown and the stock must hold it's support of the 50MA or further downside could be expected. If the 20EMA holds next week the stock could see a good bounce upwards however. Tough call from the chart.

Good luck with this pick,
Al