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


To: YxY who wrote (15015)3/7/2000 1:17:00 AM
From: Mike Sawyer  Read Replies (2) | Respond to of 59879
 
ECIN just touched off the lower bollinger band but the MACD did not turn up yet. ADX/DMI is not positive. And the Stochastics indicator put in a lower high on the last price high. I think tomorrow it will pierce and possibly break below the lower bollinger band. If it does bounce off the lower band and move up I don't think it will take out the 20 period MOV. I would expect it to meet resistance there and move down again. I think it's time to build a base.

What do you think?