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


To: Carter B who wrote (4246)1/11/2003 10:16:01 AM
From: Al Collard  Respond to of 4470
 
Hi Carter,

Your in with K-t @$ 3.80 for 5,263 shares.

Chart for Kinross Gold Corp:

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

From the chart of K we can see the long white candlestick from Friday's trading, where the stock closed close to it's high of the day with a higher high and a lower low. This shows there is an increase in volatility, in fact the stock even tested the support of it's 20EMA as the share price rose 5% on the day. Now that the gap from Dec. 24th @$ 3.62 has been filled you might want to hold this stock and wait for further evidence on which way it is headed. My bet would be the stock consolidates for awhile before resuming it's uptrend. (Hold)

Good luck with this pick,
Al