TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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

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To: JJMM who wrote (2997)	9/11/1998 12:36:00 PM
From: TATRADER	Read Replies (1) of 59879

JJMM--Yes, ZMAX...If you draw a trendline using the RS of the stock, you note a break in the downward trendline...Same goes with simple Stochastic...Price trendline is still waiting on break of 4.00 on bid for confirmation....ADX has moved down from 44 to 41 as of yesterday, again displaying a weakening negative trend..On a break of 4.00, the potential initial move is to the 4.75-5.00 area...Major overhead in the 8.75-9.50 area...Mark P.S. was going to buy HEB today in low 9's where major support is, but missed it....Had to get new tires for jeep...

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