SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Al Collard who wrote (10799)1/5/2003 12:12:59 PM
From: geoffb_si  Respond to of 11802
 
Hi, Al:

Thanks for bringing these stocks to our attention. All look intriguing.

I took a closer look at the T/A, without any F/A, and here is my read (NOT to be taken as a buy rec!):

CIC-t: Overall, this appears to be the best-looking chart to me. Price just crossed over the 20EMA. Volume appears to be picking up over the past few weeks, although it's still average or slightly below, RSI is showing neutral, coming off of an oversold position. MACD heading in a positive direction, although it's still in negative territory.

CKG-v: Appears to be be in overbought territory (RSI over 70), but most gold stocks have been spending a long time in overbought territory. Appears to be poising for another run. Above-average volume on Friday bodes well for early this week.

IEY-t: Trend seems clear since 4M shares traded in one day, early Dec. Volume seems to have tapered off in the past few weeks, though. MACD looks good, but RSI is in overbought territory. I'm less interested in this stock than the others (which probably means it will take off!).

LOR-t: Spinning-top candles have indicated a change in direction, which was reflected Thursday with crossover of 20EMA and Friday with crossover on 50MA. Volume still under average, though. MACD appears poised to cross over (positive). RSI neutral. Appears to be an interesting choice.

Thanks,
Geoff