SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: A Horse With No Name who wrote (51185)9/6/2005 10:43:13 AM
From: TATRADER  Read Replies (2) of 59879
 
ON NVAX...

Here is the bull popper strategy.

1. High was 2.56
2. Start of run was from around .95
3. Difference is 1.61
4. Take 66% of 1.61
5. Pullback should be 1.06 or to 1.50...
6. When it hits 1.50, you anticipate a .26 cent move...
You either sell near 1.76 on the bounce, or when momentum stalls...You do not necessarily wait for the target..

NVAX bounced to 1.73...It did not make the target of 1.76....Bull popper strategy was off by .03 cents...

Usually these stocks work best on volume from 5 million to 11 million...Any large volume levels over that amount do not provide the same amount...

I am holding as of today:
1. 30,000 HYRF
2. 7500 CURN
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext