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


To: KC Jones who wrote (4211)1/5/2003 7:23:00 PM
From: Al Collard  Respond to of 4470
 
Hi KC,

Your in with MDI-t @$ 3.60 for 5,555 shares.

Chart for Major Drilling Group International, Inc:

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

From the chart of MDI we can see the white candlestick from Friday's trading showing the bulls were in control but were not very strong as evidenced by the low volume. Keeping in mind the stock has support @$ 3.38, it's 20EMA, and that the trend is sideways, I would wait to see which way the stock breaks when it has a little better volume. (Wait)

Good luck with this pick,
Al