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 (4333)	10/28/1998 10:35:00 PM
From: Mike Sawyer	Read Replies (1) of 59879

Hi Mark! I've got a stock that I found running a search using the following criteria: Volume ratio for 5/30 day as high as possible Price from $2-$15 Volume 30 day average over 30,000 MACD breakout 12/15/9; any positive in last two days Stochastics breakout 14/5; any positive in last two days Wilder RSI breakout 9 day; any positive in last two days The stock is CGPI and has run twice in the last few months, from $9 to $12. The stock is basing at $9 for a third time and the "on balance volume" is on the rise as well as all of the technical indicators. If I read my charts right I think it is about to make another move up and could go as high as $12 again. Even if it misses the $12, it ought to be good for a point or two. What do you see? Could you take a look and see if you get a similar reading? Maybe you could give an opinion on it as I would value that very much. Thanks for your time...and anyone else that would care to comment! Mike

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