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

To: Ceedee who wrote (4498)	10/27/2001 4:35:11 PM
From: Al Collard	Respond to of 11802

Hi Ceedee, Your in with KOB-t @$.38 for 26,315 shares. Chart for Kookaburra Resources Limited: stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20] Looking at the chart for KOB we can see the stock has been in a downtrend for the last 5 months and is now trading at or below all it's major MA's. On Friday the stock broke atop it's 20EMA and closed just over it. The +DI crossed atop of the -DI on the ADX a bullish signal and the MACD and Stoch's are pointing up. The next resistance point is the 50MA but the stock first needs to hold the 20EMA next week and use it as support. Good luck with this pick, Al