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


To: Carter B who wrote (7456)3/28/2002 12:49:23 PM
From: Al Collard  Read Replies (3) | Respond to of 11802
 
Hi Carter,

This thread is for weekly picks. You make your pick on the weekend and hold it for the week. I will put you in with MOA-v for next week.

Regards,
Al



To: Carter B who wrote (7456)3/29/2002 6:26:54 AM
From: Al Collard  Respond to of 11802
 
Hi Carter,

Your in with MOA-v @$.36 for 27,777 shares.

Chart for Mountain Lake Resources, Inc:

stockcharts.com[h,a]daclyiay[dc][pc20!b50][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of MOA we can see the stock fell under the support of it's 20EMA on Thursday on well below average volume. The chart indicators have turned bearish pointing to further downside. The stock must hold the line right here and get back up over it's 20EMA or risk testing the support of it's 50MA.

Good luck with this pick,
Al