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

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To: Dan Lisman who wrote (2706)8/26/1998 12:26:00 PM
From: TATRADER  Read Replies (2) of 59879
 
Dan, sim has about 600,000 shares of overhead at 2.84...You can tell if it is chipping it away by the stock attacking that level with volume in excess of 100,000+ shares....If you look at your ADX it is at 16, showing a trendless stock...The pattern is a rectangle, 2.25 by 2.84....It is not chipping yet....Mark
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