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


To: Carter B who wrote (11231)2/2/2003 5:19:58 PM
From: Al Collard  Respond to of 11802
 
Hi Carter,

Your in with EEL-v @$ .12 for 83,333 shares.

Chart for Eaglecrest Explorations Ltd:

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

From the chart of EEL we can see this stock fell off of the proverbial cliff two weeks ago after soaring to a new 52 week high in early January. The black Marubozu candlestick from Friday shows the bears are in complete control and are selling on heavy volume. This stock looks like it needs another good day of panic selling before bottoming out and turning around from oversold territory. I would wait for that final spike down before going long. (Wait)

Good luck with this pick,
Al