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

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To: yard_man who wrote (58193)4/2/2007 9:57:14 PM
From: ItsAllCyclical  Read Replies (2) of 59879
 
If it closes over 4.66-4.7 tomorrow I'd say odds are very good for a trip to the 5 to 5.5 range in short order. Overbought means nothing to a stock trending higher after consolidating for 2+ years not to mention a decent amount of short interest and a potential buyout. Need the HUI to put in a decent day tomorrow or in the next few days and we should see some fireworks. Still possible the HUI is going to breakdown first though. Tomorrow is key.
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