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

To: bazan who wrote (20571)	2/14/2001 9:28:01 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

bazan, you have found a good one for a bounce....IDPH....if 55 holds on the low, it retested and held, the target if the bull market ever comes back is 80-82.....Pattern is 67 by 55, which gives target of 79....Also if you take the shoe from the drop point of 163 and take off 55, you get 108...Using a 25% retracement off the low you get 27 pts... Add 27 pts to 55 for target of 82.... I would wait for the next move at 65 on 2 to 3x average volume, following with a tight stop....Then ride the momentum until near target areas....