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

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To: TATRADER who wrote (7892)4/1/1999 7:40:00 PM
From: hoffy  Read Replies (1) of 59879
 
IATV- Not a bad day, considering.
The stock fell right from the start due to day traders who were selling to make their profits from yesterdays gain of 3 points. Once they got out, the stock came back nicely and held strong all day for just a point loss. So it is still up 2 points over the past two days. Still plenty of buyers at this level. I expect the stock to be strong next week. Heavy volume and consolidate in the 10-11 range. Then it can build on that level once news comes again.
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