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


To: JR. who wrote (10776)1/4/2003 7:48:24 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi JR.,

Your in with EET-t @$ 1.20 for 8,333 shares.

Chart for Etruscan Resources Inc:

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

From the chart of EET we can see the white candlestick from Friday's trading indicating the bulls were in control, but the buying pressure wasn't very strong as evidenced by the low volume. The stock spent last week basing between the support of it's 20EMA and the resistance of it's 50MA. I would wait for a clean break of the 50MA before jumping in on the long side of this stock or hold it if I was already in. (Hold)

Good luck with this pick,
Al