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 (54065)	3/27/2006 11:05:44 AM
From: lexi2004	Read Replies (1) of 59879

Very active morning trading and problems with system so had no time to give heads up. Trading XOMA: XOMA…Been trading in a range of approximately $1.50 to right below $2 for about seven months. Due to finally b/o of the area and past $2, along with having based for a long time, and huge volume coming in on Friday, think XOMA is an excellent play. Looking for it to go to $3 area ($3.02 previous high and approximate area for length of the base = height of the move) in the short-term and do $5.84 or so in the longer-term. ($5.84 being the area of the 50% retrace of the prior move down from 10.70 to .98.) Just bought ANAD...easing into a position. First partial at 7.25. Looking for around $8 here. Lexi

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