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 (4145)	10/21/1998 10:59:00 PM
From: Dan Lisman	Read Replies (1) of 59879

AMMB, At first glance I thought this looked like a classic head & shoulder reversal with price at neckline (ready for break out to upside). But ALL of the volume is in the head portion of the chart. Wouldn't this indicate that current activity at neckline is really distribution? Even though the price is going up, I would think the "smart money" would be selling into this rally. Time to short AMMB? Dan

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