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 (52414)	12/23/2005 3:39:47 AM
From: GTC Trader	Read Replies (1) of 59879

ONT setting up for a nice move? Mark, I would like to see more volume, but if ONT can close over .95, I think that it will challenge the 52w high of 1.28 (.94 + .42 gives a target of 1.36). bigcharts.marketwatch.com If ONT can bust through 1.28, then I think it might challenge the August 2003 support level around 2 (1.25 + .75 gives a target of 2). bigcharts.marketwatch.com I am holding some shares from ~.80 and hope to sell half just under 1.25 and eventually the other half just under 2. Similarly, my plan for NVAX is a longer hold than yours. The last time that NVAX bounced off of the 50d MA, it moved from 3 to almost 5 in two weeks. We need more volume, but I could see NVAX attempting a run at 6 if the internals stay strong. I would happily sell in the 5.50 range, if given the opportunity. Of course, if it does move strongly, I trust that you will be in and out a few times and do quite well. Thanks again for your kind instruction. Grace and Peace, and Merry Christmas to everyone on this thread. May 2006 be a great year for us all. Ken

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