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

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To: Carl Worth who wrote (702)6/2/1998 8:22:00 AM
From: TATRADER  Read Replies (1) of 59879
 
On IFCI, 6.56 is the key support area...If it breaks, the stock is in trouble...I am watching to see if professional traders are playing games with the pattern to shake out shares...A 3% violation of the neckline gives a 6.79 price as permissible for one day below neckline..I still am expecting them to take it back over 7.00 very soon...But we shall see, may learn something new on this one...
Regards, Mark
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