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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (4184)1/4/2003 9:11:42 AM
From: Al Collard  Respond to of 4470
 
Hi tyke,

Your in with QBR.b-t @$ 14.45 for 1,384 shares.

Chart for Quebecor, Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of QBR.b we can see the stock closed atop it's 20EMA for the first time in over a month. The white candlestick shows the bulls were in control on Friday but the lower than average volume shows the buying pressure wasn't very strong. If I owned the stock I would hold it and wait to see if it can make a clean break of the 20EMA on some better volume. If it makes the clean break the 50MA should act like a magnet and pull this stock right up into the mid $15's. (Hold)

Good luck with this pick,
Al