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: Eagle who wrote (54176)	3/29/2006 4:33:04 PM
From: lexi2004	Read Replies (1) of 59879

STTK...Looking at it more closely it's very close to previous high of .858 and has been trading upwards on considerably volume for the last four days since the retrace; this volume shows conviction. If you use the run of .08 - .87 you get fib extensions of: 1.27 = 1.08 1.618 = 1.358 Personally, I think they're going to take it over $1 and what will determine the 1.08 or 1.358 area is the size of the candlesticks on the move up and if it trades wildly during the end of the current move. If you watched GNBT on its final flight to 5ish area...that was "wildly"...LOL Any positive PR could send it up to the higher areas IMHO. Lexi

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