SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (25390)10/18/2001 9:50:26 PM
From: NW_Trader  Read Replies (1) | Respond to of 59879
 
Hi Mark,

Welcome back to the game. Here's a quick take (no real study) on those you listed:

CNXT - I'm in a trade on this (again) from 9.10 today. First resistance above is at 10, if it clears, then want to see how it moves towards 11.25. What are your thoughts?

ADCT - Is right on the break out point, tracking the 5 d EMA, on the upper price BB, Stoch readings are high but could continue as not beyond their BBs. Next resistance about 6.25

PUMA - Like ADCT, but didn't approach breakout point today, and stochs are high and outside their BBs, looks like it could pull back if it can't take out 2.5 with volume.

ELON - I've liked trading this in the past, but missed the latest move. I think it's late now, and showing some slowing. Couldn't stay push thru 50 d MA last two days and resistance is at about yesterday's high - of course that's about 2 points above today's close, so if it starts to move up tomorrow above 15, might be worth entry - however the failure to move up today (after yesterday's drop) isn't reassuring. [Compare to ISSX, CIEN, JNPR, QLGC, MYGN or NVDA.]

FCOM - I don't follow stuff this low any more, but looks like a lot of overhead.

Other stuff from today: out of VTSS for a dime (again!! when will I lay off?), TQNT for .50, got another 2 from ISSX (23.5 to 25.5 late today - this has been a great trader). Took home CNXT, SBUX and QLGC (from 34.7).

Peace and Justice --- Patrick