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


To: originunknown who wrote (10879)1/11/2003 1:28:06 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi OU,

Your in with DIR-v @$ .06 for 166,666 shares.

Chart for Diadem Resources Ltd:

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

From the chart of DIR we can see the long black candlestick from Friday's trading showing the bears were in complete control and the selling pressure was strong as evidenced by the close at the low of the day. The chart indicators have turned down from overbought levels. If I owned the stock I would hold with a stop in @$ .05. This stock needs to draw a line in the sand right here at $.06 or risk having it's share price cut in half. JMO (Hold)

Good luck with this pick,
Al