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

To: grayhairs who wrote (10998)	1/19/2003 1:32:10 PM
From: Al Collard	Respond to of 11802

Hi grayhairs, Your in with TKE-t @$ 2.76 for 3,623 shares. Chart for TUSK Energy, Inc: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G From the chart of TKE we can see the stock has been in an uptrend since October and has support @$ 2.56 it's 20EMA. The close at the high of the day with a higher high and a higher low is bullish, but the stock is beginning to look overbought as evidenced by the Stochastics. This stock needs to put in a new 52 week high early next week or it looks like a good short. If I was long I would put in a stop loss around the $2.55 mark just under the 20EMA and hope to buy it around the 50MA on a breach of support. (Hold...with a tight stop) Good luck with this pick, Al