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: TATRADER who wrote (3146)	9/17/1998 1:44:00 PM
From: shasta23	Read Replies (1) of 59879

HI MARK! Could you do me a favor and look at FGII for me? I have a short position with an average of 16 13/16 and thought that the stock would pull back because it had as limits around 18 a)a gap as resistance, b)the 50SMA c)RSI looks toppy and stoch7,3,10 is in overbot territory. But despite the sell-off in the beginning i'ts showing strength and i'm getting a little worried about that position. Maybe you could give me your opinion and suggest where to put a stop(18 1/2?!, i know it's not your ideal 5% stop but i guess my entry was not good...). any help would be appreciated! Stefan

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