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


To: brian krause who wrote (4249)1/11/2003 4:15:40 PM
From: Al Collard  Respond to of 4470
 
Hi Brian,

Your in with AGA-t @$ 3.95 for 5,063 shares.

Chart for Algoma Steel, Inc:

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

From the chart of AGA we can see the two long white candlesticks from the end of the week trading. Thursday the stock broke atop it's 20EMA and on Friday it tested the resistance of it's 50MA but failed to break through. It appears the stock has started a new uptrend but it may take several attempts to get break atop the 50MA. It's probable the stock will need to consolidate at current share price levels for a bit before succeeding. (Hold)

Good luck with this pick,
Al