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


To: Ichy Smith who wrote (7542)3/31/2002 11:05:59 PM
From: Al Collard  Respond to of 11802
 
Hi Peter,

Your in with ELI-t @$ 1.35 for 7,407 shares.

Chart for ELI Eco Logic, Inc:

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

From the chart of ELI we can see the stock broke down under it's 50MA last week on below average volume. However on Thursday the stock bounced back up and tested it's resistance putting in a long-legged doji candle which often means the stock is about to reverse. The chart indicators are mixed but the ADX appears ready to cross over which is bullish.

Good luck with this pick,
Al