IC Capitalight Corp V.IC

Primary Symbol: C.IC

Consumer Cyclical Luxury Goods

IC Capitalight Corp. is a Canada-based company, which operates as a merchant bank that pursues value-based investment opportunities in accordance with its investment policies. The Company has three operating segments, consisting of the research business, mineral exploration properties and securities investments. The Company’s business investments consist of Capitalight Research Inc. (Capitalight Research), a wholly owned subsidiary that publishes proprietary subscription-based research focused on equity technical analysis; gold, silver, and critical metals sectors, and bonds and economics. Capitalight Research publishes weekly and monthly research on several brands. Its mineral exploration investments consist of the exploration and evaluation stage Blue Lake Cu-Ni-Pt-Pd property near Schefferville, Quebec. The Blue Lake property consists of approximately 281 contiguous mineral claims. Investments of marketable securities consist of the equities of a gold exploration company.

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IC Capitalight Corp

Bullboard Posts

Post by cdn_stockson Nov 24, 2003 3:04pm

235 Views

Post# 6692563

T/A Looks Very Good for RL

One of the most bullish technical signals is when the 50DMA crosses above the 200DMA. In RL’s case this has happened twice in the last year. The first time was in May 2002 and the share price jumped from $0.18 to $0.45 in a few short weeks. The second time was January 2003 and the share price rose from the low $0.20’s to the high $0.20’s. Currently the 50DMA is at $0.15 and the 200DMA is at $0.16 and they are set to cross once again. The MACD is showing a positive uptrend. Technically RL looks to be set for a major increase in share price. IMO.