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


To: Pete who wrote (11502)2/24/2003 6:00:04 AM
From: Al Collard  Respond to of 11802
 
Hi Pete,

Your in with AQI-v @$ 21 for 47,619 shares.

Chart for Aquiline Resources, Inc:

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

From the chart of AQI we can see the stock successfully held the support of it's 50MA several times last week. The close at the low of the day with a lower high and a lower low on Friday is bearish. As long as support holds this may be a buying opportunity but I would wait for the stock to make a clear break of the resistance of it's 20EMA. (Wait)

Good luck with this pick,
Al