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


To: Stephen O who wrote (10779)1/5/2003 6:59:49 AM
From: Al Collard  Respond to of 11802
 
Hi Stephen,

Your in with BWR-t @$ .165 for 60,606 shares.

Chart for Breakwater Resources Ltd:

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

From the chart of BWR we can see the stock has been having a hard time breaking through the $ .17 barrier which is the 200MA. The white candlestick from Friday shows the bulls are in control with the close near the high of the day a good sign of strength. The crossover of the 20EMA atop the 100MA is another very bullish signal. All the signals are pointing to further upside, but I would wait for a clean break of the resistance @$ .17 before getting in if I was looking for an entry point. (Wait)

Good luck with this pick,
Al