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: Rashid Garuba who wrote (4044)	10/19/1998 5:47:00 PM
From: TATRADER	Read Replies (3) of 59879

ADX should be moving upward from 17 or higher...I like to get it in the low 20's....Take a look at TMAR..I doubled my position today...My Time Redundancy indicator gave a hit at 6.31....Again pattern is double bottom and the volume did not go away today...Plus a baby gap... I have a rule on a gap...If the stock stays above the gap on day one, it is a sign of strength, and has a good potential to gap the next day as well...TMAR, in my humble opinion is one of the most reasonable priced in the oil service sector...The pattern is 5 by 8.00...It looks to me like we are on our way to the neckine...Mark

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