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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Gary1046 who wrote (11175)9/18/1999 6:49:00 PM
From: TATRADER  Read Replies (5) | Respond to of 59879
 
PETM, since I don't follow fundamentals, you will have to tell me if all these shares trading at these lower levels was some type of share dilution or conversion, or just plain trading action...There is a trading rule I follow which goes like this..."Large levels of volume after a long downtrend, where there is not much movement either up or down, are usually signs of accumulation."
Ok, ADX is moving down to 57, from high 60's, so yes, you are forming a bottom...Looks like 4.00 is your base..
Give us a warning when she hits 4.81 on bid..Good call on ENZ...