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


To: dsit who wrote (5184)12/1/2001 8:46:28 AM
From: Al Collard  Respond to of 11802
 
Hi dsit,

Your in with MSF-t @$1.15 for 8,695 shares.

Chart for MedcomSoft Inc:

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 MSF we can see the stock broke down last week on well above average volume and is trading below all it's major MA's. The company announced last week it is in negotiations to secure $15 million in financing so it should have news shortly on this front. The chart indicators are bearish but the stock does appear to be in oversold territory. If and when this stock announces it financing news I would expect a bounce up at least to test the resistance of it's 20EMA.

Good luck with this pick,
Al