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


To: brian krause who wrote (10994)1/19/2003 6:40:57 AM
From: Al Collard  Respond to of 11802
 
Hi Brian,

Your in with TUI-t @$ 1.00 for 10,000 shares.

Chart for True Energy Inc:

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

From the chart of TUI we can see the stock has been in an uptrend since early October with support @$ .88 it's 20EMA. On Friday the stock closed at it's high of the day matching it's previous 52 week high with a higher high and a higher low. The white Marubozu shows the bulls were in complete control throughout the trading day. The chart indicators are all bullish pointing to further upside. If I wanted to buy the stock I would wait for a test of support for entry and if I owned the stock I would hold for further share price appreciation. (Hold)

Good luck with this pick,
Al