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


To: jonpeetee who wrote (4258)1/12/2003 10:44:17 AM
From: Al Collard  Respond to of 4470
 
Hi JPT,

Your in with LIM-t @$ 5.60 for 3,571 shares.

Chart for LionOre Mining International Ltd:

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

From the chart of LIM we can see the white candlestick from Friday's trading where a bullish gap up occurred. The Stochastics is showing the stock to be overbought. I would wait to see if this gap up is an upward breakout or a blow off top with the stock headed down to test support. The heavy volume with the new 52 week high makes me believe we have a break out, but something tells me to be patient and wait for confirmation. (Wait)

Good luck with this pick,
Al