SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (11331)2/9/2003 9:20:23 AM
From: Al Collard  Respond to of 11802
 
Hi Chucka,

Your in with ETG-v @$ .59 for 16,949 shares.

Chart for Entree Gold Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of ETG we can see the stock closed lower on Friday at it's low of the day with a lower high and a lower low. The chart indicators are bearish pointing to further downside but the stock is close to the support of it's 20EMA @$ .58. I think the stock is looking like a buy but with a tight mental stop loss just under the 20EMA. (Buy)

Good luck with this pick,
Al



To: Chuca Marsh who wrote (11331)2/9/2003 9:36:04 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Chucka,

I sent some T/A on IVN-t and QGX-v via PM.

As a side note:

I have a rule where I never go long a stock that is trading under it's 20EMA. This rule has worked well for me and I believe this is one indicator that all investors should adhere to. When daytrading there is no need to buy at the bottom and sell at the top. Just taking a piece out of the middle is a much safer way to play. Go long a stock trading atop it's 20EMA and go short one that is trading under it. JMHO BWTHDIK

Regards,
Al