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

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To: Snowman who wrote (29026)4/23/2002 10:04:05 AM
From: TATRADER  Read Replies (2) of 59879
 
ONEV--
1)at the base of its pattern
2)Had a couple of volume spikes in recent past..price has not moved much, and when you are at the lowpoint of a trading range, most of the time this is accumulation....
3)I will give this one 7-10 days, to see if there is a move coming...
4) it seems like some companies are desperately trying to find ways to run their stocks above 1.00 to keep Nasdaq listing...Although the volume levels are lower, this does have some similarities to ADSX...

I don't recommend this one, since it will probably turn out as a dud...But when you buy at low point of trading range, 44 cents, you don't have much downside to be concerned about..stop set at 39 cents...
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