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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Findit who wrote (55824)7/11/2006 7:04:27 AM
From: lexi2004  Read Replies (1) of 59879
 
PAPO...was just looking at a 5 year weekly chart...

The stock has surprised me more than once the way it can run. Don't know that this time will be a big spike for haven't really been following it. Having said that. If you connect the three highs on the chart 3/14/05, 10/3/05, 2/13/06 you come up with a target of approximately .094. IMHO we don't have enough volume for that kind of move at this time; however, volume could come in. So it's worth watching. If it doesn't move to that area this time, that would definitely be a target area IMHO in the future.

Lexi
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