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: smahi who wrote (53099)	1/30/2006 4:19:45 PM
From: TATRADER	Read Replies (2) of 59879

OLAB If you find me these stocks, I will TA them for you....We want low shares outstanding, 8 million or less shares outstanding, preferably 5 million shares or less...We want to see a 2 million or greater share trading day, a huge pop, preferably, 70% or higher from the start of the move.... We want to see a 66% pullback when we subtract the difference of the high from the beginning of the move.... I have the run beginning at 1.60...High was 3.00 today... difference is 1.40...Take 1.40 times 66% and we have a 92 cent pullback...That means our buy area is 2.08-2.15 area...We bought at 2.12.... Now, this stock did not have a 2 million share plus day, so it did not adhere to the Super Bull Popper pattern.......Tomorrow, will tell us the end of the story....If it moves in our favor we move up our stops from 2.00 area.... Regards, Mark

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