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

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To: Carl Worth who wrote (681)6/1/1998 7:41:00 AM
From: TATRADER  Read Replies (6) of 59879
 
Will watch LAKE but am not convinced this is a legitimate break of all-time high...A few of my indicators were in a bearish divergence with price as it cracked 11.00....Yes, it had a flag pole formation the last time..The pole measured 1.50...It consolidated around 10.50, giving a potential short-term target of 12.00, before another consolidation phase...Remember the rule, a two day hold above support usually means a legitimate break...We are only on day 1 above 11.00...

Regards, Mark
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