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


To: TATRADER who wrote (31406)7/9/2002 11:59:45 AM
From: couldawoulda  Respond to of 59879
 
ITRU - two options - look for entry around 2.85 on any kind of pull back. Stochastics and RSI indicate that it may want to test its recent support area in the coming days before proceeding higher.

Or... enter here with a stop placed just above 3.00 and grab a potential .30 to .40 cents as the chart is looking a lot similar to its June 17th - June 24th rise.

I'd personally opt for the former as my trading of late has become very conservative.



To: TATRADER who wrote (31406)7/9/2002 12:42:49 PM
From: Jeffrey Beckman  Read Replies (1) | Respond to of 59879
 
Mark, If you have the time, would you explain the "drop shoe" pattern that you've been mentioning. I had the notion it was when something crashes, bases, and then takes a secondary hit.

Thanks in advance,

Jeff