Every month, I share the charts of a stock which sits on my watchlist.

Watchlist stocks result of a nightly market scan for stocks that attract attention by displaying characteristics signalling a potential entry into Stage II. This market scan uses a "Stockcharts" scan syntax I personally developed, in order to identify stocks likely to display the characteristics of stocks entering Stage II, as described by Stan Weinstein. The principal scan criteria are basically set to identify stocks whose price is above their 150-day Moving Average and whose usual daily volume is at least 50,000 and exceed by a margin of 3:1 the usual volume evels displayed in the last 2 months.

 

This month, Arrowstar Ressources Ltd. is the "Freebie of the Month".

 

 

Arrowstar Resources Ltd. is a TSX-V and FSE listed company that sources, evaluates, negotiates, acquires and develops resources worldwide. The company has positioned itself on an accelerated pace for strategic acquisitions and further development of its global mineral assets and strongly believes iron-ore presents significant opportunities globally.


With a solid portfolio of carefully selected mineral properties, as well as a growing team of mineral transaction and development experts in place, Arrowstar is well-positioned to grow shareholder value in 2012 and beyond.

Arrowstar has increased the pace of business activity and is developing its current property assets. It also anticipates capitalizing on the acquisition and potential operational development of several other properties currently in various stages of due diligence. On March 7, 2012 Gulfside Minerals Ltd. was officially renamed Arrowstar Resources Ltd.

 

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5 Year Chart

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Graphique - 5 ans

 

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3 Year Chart

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Graphique - 3 ans

 

 

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1 Year Chart

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Graphique - 1 an