Monday, May 25, 2009

Canadian Stock Alerts - May 25, 2009

Canadian Stock Alerts Update:

ANTRIM ENERGY INC - AEN.TO @ .85 on 2 million traded

We have all seen the psychology of a share price at work. Stocks that hit .49 or .69 or .89 all stall or take a breath just before pushing into the next level. The same is true of stocks that get into the .90 + range, they seem have have a psychology all their own that drives them, pushes them or pulls them toward the $1.00 mark sooner than later.

Never chase a stock of course, buy the pullbacks. As long as AEN can maintain good volume, $1.00 is just around the corner, once it's established in the .90 + area.

Canadian Stock Alerts are updated throughout market hours

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