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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 (52414)12/23/2005 3:39:47 AM
From: GTC Trader  Read Replies (1) | Respond to of 59879
 
ONT setting up for a nice move?

Mark,

I would like to see more volume, but if ONT can close over .95, I think that it will challenge the 52w high of 1.28 (.94 + .42 gives a target of 1.36).
bigcharts.marketwatch.com

If ONT can bust through 1.28, then I think it might challenge the August 2003 support level around 2 (1.25 + .75 gives a target of 2).
bigcharts.marketwatch.com

I am holding some shares from ~.80 and hope to sell half just under 1.25 and eventually the other half just under 2.

Similarly, my plan for NVAX is a longer hold than yours. The last time that NVAX bounced off of the 50d MA, it moved from 3 to almost 5 in two weeks. We need more volume, but I could see NVAX attempting a run at 6 if the internals stay strong. I would happily sell in the 5.50 range, if given the opportunity. Of course, if it does move strongly, I trust that you will be in and out a few times and do quite well.

Thanks again for your kind instruction.

Grace and Peace, and Merry Christmas to everyone on this thread. May 2006 be a great year for us all.

Ken



To: TATRADER who wrote (52414)12/23/2005 9:34:10 AM
From: Willsgarden  Read Replies (1) | Respond to of 59879
 
Nice pop off the 50 dma, news out this morning on NVAX so just set tight stop @ 4.15 for now. I need a plan, I can spot the potential movers but neglect to set the target or exit strategy. we all appreciated the reminders. still making mistakes here but profitable now for the last 8 weeks.
Do you always have 50 dma showing on daily charts?
bill