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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 (11482)2/22/2003 2:11:49 PM
From: Al Collard  Respond to of 11802
 
Hi Bob,

Your in with IEY-t @$ 1.50 for 6,666 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 spent last week putting a base in after bottoming out the previous week. The stock has resistance @$ 1.60 it's 20EMA. The stock appears to have put in a bottom and the chart indicators are turning up, but I would wait before going long for the stock to be trading atop it's 20EMA. (Wait)

Good luck with this pick,
Al