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

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To: Robert Meany who wrote (22989)5/27/2001 5:46:41 PM
From: TATRADER  Read Replies (1) of 59879
 
AWRE-double bottom pattern--eventual target 12...Not a short candidate..rather a long candidate..
MCAF--flag pole and pennant---not a short candidate, rather a long candidate...

OPTV--ok, here you might have something...closed lower than open, closed lower than prior day close, still made a 20 day high....Possible short here to target of 12.50-13.00....
However, overall breakout from initial pattern says trend is on long side.....

regards, Mark

P.S. Look for double tops, Head and shoulder tops, spikes losing momentum....there are some good ones forming in the energy sector...
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