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


To: tyc:> who wrote (4237)1/11/2003 5:27:52 AM
From: Al Collard  Respond to of 4470
 
Hi tyke,

Your in with QBR.b-t @$ 14.80 for 1,251 shares.

Chart for Quebecor, Inc:

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

From the chart of QBR.b we can see the Hanging Man candle formed from Friday's trading. The bears had control all day but the bulls rallied to close the stock near the high of the day. The last two candlesticks on the chart have formed a Bearish Star showing the buying is slowing down and the uptrend may be nearing an end. Further downside is required to confirm the reversal. If the stock trends down on Monday, I would be ready to bail if support @$ 14.43 it's 20EMA doesn't hold. (Hold)

Good luck with this pick,
Al