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


To: D.R.A. who wrote (5221)12/1/2001 12:25:28 PM
From: Al Collard  Respond to of 11802
 
Hi D.R.A.,

Your in with PHN-v @$.22 for 45,454 shares.

Chart for African Sky Communications, 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 PHN we can see the stock tested the resistance of it's 200MA last week only to be repelled and pushed back down. With the 200MA being the last hurdle before the stock clears itself of all resistance it will be interesting to see if it can make it through on the next little push once and for all. A failure on the next test and one should expect the stock to test the support of it's 20EMA. JMO

Good luck with this pick,
Al