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

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To: (No name provided) who wrote (2079)8/4/1998 7:17:00 AM
From: TATRADER  Read Replies (4) of 59879
 
IBIS, you have an expansion breakout...Key is to enter 1/32 over yesterdays high, and then set a tight stop...Follow move up with trailing stop...IMHO, I will just watch this one, since there is overhead in the 12.62-13.25 area...It has a great pattern, but, I would rather wait for the break above 14.50,(Head and Shoulder Bottom)..Personally, I think she will digest profits today, or sell off as she approaches the 12.62 area...Regards, Mark
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