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

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To: TATRADER who wrote (8036)4/13/1999 10:09:00 PM
From: Jibacoa  Read Replies (1) of 59879
 
IMHO, PRMS if it can hold over 9 and can close above March 30th high. it may "gag up" again as it did last January.

It seems it has broke the downtrend coming from last December highs, but still below the longer term downtrend coming from the double top in the thirties in late 97 and early 98. The 96 high was close to 60.
Downside risk seems small at present level.
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