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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 (11084)1/25/2003 8:20:48 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi Bob,

Your in with IEY-t @$ 1.82 for 5,494 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 has support @$ 1.76 it's 20EMA, which it has tested and held numerous times since the current uptrend started in early December. Now sitting just $.09 away from it's 52 week high I would wait for it to put in a new high before going long at this point and would aggressively buy above $1.91. If I owned the stock I would hold as it's not far above very good support. (Hold)

Good luck with this pick,
Al