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


To: originunknown who wrote (11029)1/20/2003 5:26:30 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Yes, BRT turned out well for those who played it. I know I did well with it :)

Al



To: originunknown who wrote (11029)1/21/2003 5:28:18 AM
From: Al Collard  Read Replies (3) | Respond to of 11802
 
To the thread:

I got a few PM's on the chart of BRT. I think it would be a good stock on which to do a case study. What happens to a stock the next day after a huge breakout? I hope you all feel free to throw in your comments about the chart of BRT to the thread. It will be a good stock to learn off of each other and should be an excellent lesson for us on the next breakout stock and what we can expect the next day as a follow up.

Chart for BRT-t:

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

Here's my take:

From the chart we can see the long white candlestick showing the bulls were in complete control of this stock all day. The huge volume spike with the close near the high of the day is very bullish. The MA's have all turned up suggesting more upside is probable. I would not want to be short this stock right now !!! JMO (Buy)

OK, the thread is open for discussion on this chart. The more comments the better.

Regards,
Al