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: majormember who wrote (9393)	6/6/1999 2:23:00 PM
From: TATRADER	Read Replies (1) of 59879

on LINK, what you are missing is the double bottom pattern...Pattern is 5 by 7..That says, put on the warning light above 9.00, reversal coming...Using the Fibonacci ratio of 1.62, multiply the difference in the pattern(that is 2) by 1.62...You get 3.24..Add to neckline at 7.00 and you get an aggressive upside target of 10.25...I would consider shorting at 10 1/4 if it got that high...Otherwise 9.62 is all she wrote if that is all she can muster by 9:50.....

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