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

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To: TATRADER who wrote (8048)4/14/1999 6:30:00 AM
From: mike.com  Read Replies (1) of 59879
 
I think it's very hard to predict IATV's next move based on any kind of technical analysis, mainly because of the tremendous volume over the last couple of weeks. Two weeks ago the average volume was around 500,000 shares but now the average is over 1.1 million shares and in the last week 2.8 million is a light day. Yesterday it traded over 5 million, most of that in the 21-22 range.
With that said, the most important thing to look at may be the money flow, and believe me, it is flowing in impressively.
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