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


To: Bearcatbob who wrote (10626)12/22/2002 7:56:49 AM
From: Al Collard  Respond to of 11802
 
Hi Bob,

Your in with IEY-t @$ 1.72 for 5,813 shares.

Chart for Impact Energy Inc:

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

From the chart of IEY we can see the long white candlestick from Friday's trading session on above average volume. The buying was aggressive with the close near the high of the day. There is no clear trend on the chart other than sideways so I would wait for a break of the $1.80 mark before buying. (Hold)

Good luck with this pick,
Al