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


To: tyc:> who wrote (10781)1/5/2003 7:30:58 AM
From: Al Collard  Respond to of 11802
 
Hi tyke,

Your in with NGX-t @$ 1.58 for 6,329 shares.

Chart for Northgate Exploration Ltd:

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

From the chart of NGX we can see the long white candlestick from Friday's trading showing a close near the high of the day with a higher high and an unchanged low. With support @$ 1.46 it's 20EMA, which the stock has tested and held several times over the last couple of weeks, the downside seems very limited. The trend is up, but I would like to see the stock break through the $1.68 mark for a final buy confirmation to show me the trend is for real. (Wait)

Good luck with this pick,
Al