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


To: Davy Crockett who wrote (555)11/24/2001 7:09:05 AM
From: Al Collard  Respond to of 4470
 
Peter,

Your in with GLG-t @$5.30 for 3,773 shares.

Chart for Glamis Gold Limited:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20]

From the chart of GLG we can see the stock seems to be stuck in between the resistance of it's 20EMA and the support of it's 100MA. The ADX is weak and shows no real trend but the MACD appears to be turning up along with the Slow Stoch's. This certainly looks like a safe pick with good support @$5.08 and if the stock can break through the resistance of it's 20EMA @$5.25 with force it could be in for a good run to the upside. JMO

Good luck with this pick,
Al