TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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

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To: TATRADER who wrote (19746)	12/26/2000 9:37:01 PM
From: bbgold	Read Replies (1) of 59879

OK, I need to put on my Student cap again. I am going to have to do some studying on Cooper terms. A good site is? Anyways, this is what I see. ABX has a lower high and a higher low but volume is dropping and it has closed lower than the open two days in a row. It needs to break $16.75 and close higher than $16.50 to re-establish the uptrend. PDG has a lower high than two or three days ago and a lower low on falling volume showing that buyers are having some uncertainty as to price movement and will wait for another pullback to buy back in. The sentiment (MACD) on both stocks is very high and well above the moving average at this time also. MDG and AEM ,as you say, need something to lead them higher. IMO it will take a close above $6.50 for both stocks for them to maintain momentum. Thanks for the post Mark and let me know if I am on the right track. It just goes to show that you are "THE" TATRADER. :^)

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