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

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To: majormember who wrote (3064)9/15/1998 12:15:00 PM
From: TATRADER  Read Replies (1) of 59879
 
AVID, looks good on a short...I don't have my CD available with 10 years of data, but going back two years, you have a Head and Shoulder top with neckline at 25.00...If she breaks 25.00, could be major score on short position...Remember to protect yourself always with stops...
ADX is sitting at 25 and increasing.....That tells me negative trend is picking up momentum...If 25.00 on the price breaks you have potential for a 10 pointer....Regards, Mark
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