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


To: Eva who wrote (9217)9/2/2002 11:09:18 PM
From: Al Collard  Respond to of 11802
 
Hi Eva,

Your in with ELD-t @$1.32 for 7,575 shares.

Chart for Eldorado Gold Corp:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLh14,3!Ll14]&pref=G

From the chart of ELD we can see the stock broke through the resistance of it's 20EMA and 50MA last week, albeit on below average volume. The stock should now have support @$1.19 The chart indicators are bullish but the stock does appear to be in overbought territory suggesting a test of support is possible.

Good luck with this pick,
Al