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 (24566)	7/26/2001 3:32:47 AM
From: GTC Trader	Read Replies (2) of 59879

<< I have upward trendline on NEM sitting at 19.75.....A pullback that does not violate that level means continued upward momentum... >> Mark, when I draw the trendline, it is at 19.75 TODAY (Wednesday), but at 20 TOMORROW (Thursday). Does this mean that Thursday's low must stay above 20 to not breach the trendline, or just that the close must be above 20? Am I right to be looking at 20 instead of 19.75? << Looking still for 22.00 on this move.... >> Any chance of 24 on this move or must we retrace to 20 first? (20 being a 50% pull-back from 22 to 18.) I am tempted to hold my ltbh shares for 24, but a strong break of 24 would complete a year-long cup and handle, so maybe I should hold for 30 or more! This long-term-buy-and-hold is for the birds! I long for the day when I truly become ... GTC Trader !!! : ' ) TIA - gtc-in-training

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