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


To: Bearcatbob who wrote (10981)1/18/2003 12:50:01 PM
From: Al Collard  Respond to of 11802
 
Hi Bob,

Your in with IEY-t @$ 1.80 for 5,555 shares.

Chart for Impact Energy Inc:

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

From the chart of IEY we can see the stock closed at the high of the day on Friday with an unchanged high and a higher low. A Dragon-Fly Doji candlestick formed on the chart showing the bulls showed up at the close of the day. With support @$ 1.74 it's 20EMA I would hold at this point with a stop loss just under the 20EMA for the sole reason the last candlestick often is a sign of a reversal or that a top is in. (Hold)

Good luck with this pick,
Al