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


To: Brian Krenbrink who wrote (11478)2/22/2003 11:49:21 AM
From: Al Collard  Respond to of 11802
 
Hi Brian,

Your in with WBE-v @$ .15 for 66,666 shares.

Chart for WestBond Enterprises Corp:

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

From the chart of WBE we can see the stock has support @$ .13 where it's major MA's have converged. The crossover of the 20EMA atop the 50MA is a very bullish signal, but the Gravestone Doji candlestick from Friday is often the sign of a top. Very conflicting signals indeed. I would hold the stock if I owned it and wait to buy it around the $.14 price level if I wanted in. (Hold)

Good luck with this pick,
Al