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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (14498)2/20/2000 1:13:00 AM
From: Mike Sawyer  Read Replies (1) of 59879
 
Mark and all, here are some bear poppers that we can study...

RVST 29 to 18 on 3.5M volume with ave. volume 211K; Initiate short at 26?

IIXL Head and Shoulders top with neckline at 45 1/2. Friday range from 39 to 35 on 2.7M volume with ave. daily volume 471K.

NMGC Large gap down on Friday from 10 to 6 1/8. Volume was 5.9M with ave. daily of 409K

RAZF...very interesting pattern. Distribution?

PGTV High flyer just got it's wings clipped. Peaked at 143 7/8 last Tuesday and has now dropped back to 104 on Friday. Volume on Friday was 631K, down from 2M on Thursday with ave. daily volume of 207K.
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